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Cross-Border Trade in Financial Services: …
23 Cross-Border Trade in Financial Services: Economics and Regulation*IntroductionCross- border Trade in Financial services is becoming increasingly important inthe international economy. The Cross-Border provision of Financial services tosophisticated customers including institutions, other Financial services firms, andwealthy individuals is well established and continuing to expand. Technologicaldevelopments have reached the point where the widespread provision ofcross- border services to retail customers is now both possible and commerciallyfeasible, although these possibilities have yet to become widely accepted andused by customers and potential for Cross-Border Financial services to become widely used on aretail level provides the impetus for this discussion paper, which deals with theeconomics and regulation of Cross-Border Trade in Financial services .
23 Cross-Border Trade in Financial Services: Economics and Regulation* Introduction Cross-border trade in financial services is becoming increasingly important in
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