Wednesday, April 25, 2012
[IWS] World Bank/IMF: GLOBAL BANKING LAW DATABASE (GBLD)
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
Joint project of the World Bank and the International Monetary Fund (IMF)
GLOBAL BANKING LAW DATABASE (GBLD)
The Global Banking Law Database (GBLD) is a joint project of the World Bank and the International Monetary Fund. The GBLD consists of a collection of commercial banking, central bank, and deposit insurance laws of jurisdictions that are representative of the regions of the world as well as international financial centers. The laws are available in English in both MS Word and PDF (Adobe Acrobat) formats.
The GBLD features a topic list based on the Basel Core Principles. The topic list consists of 35 topics, such as the definition of a bank, bank licensing, penalties, and consolidated supervision. Using the topic list, the relevant articles or sections of the laws of each of the jurisdictions contained in the GBLD have been arranged under each topic. This allows the user to quickly find relevant provisions in each of the laws, as well as to compare the laws of two jurisdictions on a single screen. For example the laws of Spain may be compared with those of Canada side-by-side on the same screen.
Presenting the laws in MS Word format allows the user to download the full text of each of the laws, to copy those laws into another document, and to do word searches using the Edit function of MS Word. The laws are also presented in PDF format, which is available on the Internet to be downloaded without charge, since not all users have access to MS Word. The laws may be printed directly from the screen in either format.
We are grateful for the support of the legal departments and banking supervisors of the central banks and bank supervisory agencies of the contributing jurisdictions without which the GBLD would not have been possible. Their commitment to provide updates as necessary is critical to the integrity of the GBLD as well as to its long-term utility.
Please note that this is the initial phase of the GLBD. We intend to expand the GBLD as we have support from additional jurisdictions and to present the laws in additional languages.
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.