There may also be important consequences for cross-borderbanking regulation all over Europe.
全欧洲的跨国银行监管也可能会出现严重的后果。
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But the risk that the recent homeward flow of bank assets will ossify into a less efficient, less flexible cross-borderbanking system is real and growing.
And there is much more to be done, it suggests, involving cross-borderbanking, disclosure requirements, indices of systemic risk and international co-operation.