Cross-border banking supervision

Cross-border banking supervision refers to the oversight and regulation of banks that operate in multiple countries. As banks expand internationally, they must adhere to the rules and standards of each country they operate in. Supervisory authorities from different nations collaborate to ensure these banks remain stable and compliant with laws, protecting both the institutions and consumers. This cooperation helps prevent financial crises, as it allows for the sharing of information about risks and practices, ensuring that banks are managed safely across borders.