Bank Supervision in the U.S. and the G-10 : Implications for Basel II

The author compares the U.S. with other G-10 countries regarding key aspects of permissible banking activities. One conclusion is that banks in the U.S. face greater restrictions, and possibly more intensive supervisory oversight, than do banks in most other G-10 countries. Second, the majority of G-10 countries fund supervision in full or in part by levying fees on supervised institutions, a norm that is relevant to the ongoing debate in the U.S. on the most appropriate way to fund banking supervision