Banking and Commerce: The Next Steps
TOPICS: 1) What fundamental role do banks play in financial intermediation in today’s rapidly evolving financial markets? Or rather, what activities constitute banking? 2) Is it time to reconsider where the line between banking and commerce is drawn, and if so, should the mixing be made more or less restrictive? 3) Is it desirable to allow more commingling of banking and commerce beyond what is already permitted through ILCs and the merchant banking provisions of the Financial Modernization Act of 1999? 4) What are the potential benefits and costs of expanding the overlap between banking and commerce, including allowing commercial firms direct access to the payment system?
|Deadline Call for Papers:||2006-07-15|
|Classification:||G2 - Financial Institutions and Services ; L8 - Industry Studies: Services|
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