Banking supervision in the UK to 1997.doc
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Banking supervision in the UK to 1997.doc

BankingsupervisionintheUKto1997.doc

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BankingsupervisionintheUKto1997Timelinesince1973UK’saccessiontotheEU1973Secondarybankingcrisis1973-75BankingAct1979JohnsonMattheyfailure1984BankingAct1987BankofCreditandCommerceInternationalfailure1991BaringsBankfailure1995ReadingMaterialsSadly,theinternetcametoolateformanyofthematerialsthatprovidetherawdataforthehistoryofthisperiodbeforetheestablishmentoftheFinancialServicesAuthority–so,thevariousreportsonJohnsonMatthey,BBCIandBaringsaredifficulttogetotherthanthroughtripstothelibrary.Thosewhowanttoobtainanin-depthknowledgeneedtogobeyondthematerialsin1.below.1.Readingmaterialsavailablethroughinternet(mostareonWestlaworLexis)(keyreadingsaremarked$$$)Seeextractattheendofthisdocument$$$JohnsonMatthey␣HouseofCommonsdebateonBankingSupervision(ReviewCommittee’’sReport)HCDeb20Jun.1985.Availableat:http://tinyurl.com/dzl44z$␣Lewis,D.‘‘TheBankingBill:BetweenCharybdisandScylla’’(1987)2(1)JournalofInternationalBankingLaw49.$$$BCCI␣‘‘BCCI:BinghamLJ:EnquiryintotheSupervisionofBCCI’’(1992)11(7)InternationalBankingandFinancialLaw73.␣Dale,R.‘‘BankregulationafterBCCI’’(1993)8(1)JournalofInternationalBankingLaw8.$$$␣Stallworthy,M.‘‘BCCI:BankofEnglandResponse’’(1992)11(4)InternationalBankingandFinancialLaw44.␣Walker,S.‘‘TheBankofEnglandassupervisor’’(1991)6(10)Butterworth’’sJournalofInternationalBankingandFinancialLaw489.Barings␣Brown,C.,‘‘ReportoftheBoardofBankingSupervisionInquiryintotheCircumstancesoftheCollapseofBaringsBank’’(1995)JournalofInternationalBankingLaw446.␣Dale,R.‘‘Bankcrisismanagement:thecaseoftheUnitedKingdom’’(1995)10(8)JournalofInternationalBankingLaw326.$$$␣Hall,M.J.B.,‘‘AReviewoftheBoardofBankingSupervision’’sInquiryintotheCollapseofBarings’’(1995)Butterworth’’sJournalofInternationalBankingandFinancialLaw421,470.␣Rawlings,P.andD’’Ingeo,M.‘‘Yuppies,drugsandtesco:shouldtheBankofEnglandblameitselfforbankfailures?’’(1998)2(1)JournalofMoneyLaunderingControl39.General␣Rochet,J-C.‘‘Whyaretheresomanybankingcrises?’’(LSE,21