International banking and cross-border supervisory cooperation: Lessons from Latin America

Consuelo Silva-Buston*, Matias Ossandon Busch, Wolf Wagner

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

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Abstract

This paper examines banking supervisory cooperation in Latin America and the Caribbean, revealing widespread formal agreements between countries. While these agreements generally cover key banking linkages, we identify significant disparities in cooperation coverage between countries. Some countries, despite having numerous agreements, face a limited coverage due to their banking groups’ extensive international operations. The study introduces metrics to identify home countries with a high risk exposure due to cooperation gaps with foreign banks’ home countries as well as countries most exposed to risk-shifts by domestic banks with operations abroad.

Original languageEnglish
Article number100165
JournalLatin American Journal of Central Banking
DOIs
Publication statusE-pub ahead of print - 11 Feb 2025

Bibliographical note

Publisher Copyright: © 2025 The Authors

JEL classification: G1, G2, F34, F42

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