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This
paper revisits the debate among GATS commentators
as to how far the GATS rules on banking
accommodate prudential measures and financial
sector reforms likely to constitute key
elements of the post-crisis international
financial regulatory architecture. Given
that the extent of policy latitude for
domestic regulation under GATS’
prudential carve-out measure remains uncertain,
the author makes a suggestion to significantly
increase this scope.
February
22, 2012.
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