Foreign banking services in Canada compared with the Swiss position.
Published: 2004
Language: eng
Number of pages: 83
Subjects: University of Toronto. -- Faculty of Law -- Dissertations.; Banks and banking -- Canada.; Banks and banking -- Switzerland.
Description: Foreign as well as domestic banks have an important impact on the financial services sector of economically developed countries. Often the financial industry is strongly exposed to domestic political pressure and the general banking regulations as well as special provisions for foreign market players reflect these internal political discussions. Resulting protectionist policies can set a high threshold and may present an obstacle for foreign banks to enter a domestic market.This thesis analyzes the opportunities for foreign banks to offer their services in Canada and examines if non-domestic players have a more restricted access to the Canadian financial market. The following analysis of the Swiss approach to foreign banks allows a comparison with the Canadian system. Despite the different approaches in Canada and Switzerland the possibilities for foreign banks do not differ greatly. Nevertheless, the effort foreign banks in Canada have to undertake in order to reach a similar result is unequal.
Notes: Adviser: Jacob Ziegel.

Thesis (LL.M.)--University of Toronto, 2004.

Electronic version licensed for access by U. of T. users.

Source: Masters Abstracts International, Volume: 43-03, page: 0724.

MICR copy on microfiche (1 microfiche).