TABLE 1: Summary view of regulations and instruments affecting international Banking operations of banks and non-banks in France, Germany, The Netherlands, Switzerland, The
United Kingdom
(situation at the end 01 1977)

~
or instrument

Type 01
operation or
balance sheet position

COMMERCIAL BANKS
Liability Operations/Positions
in foreign currencies
with non-residents
deposits from
banks
non-banks
credits and loans from
banks
non-banks
fixed-interest
securities
money market paper
bonds
with residents
deposits from
banks
non-banks
Centrai Bank or Government
in domestic currency
with non-residents
current accounts of
banks
non-banks
time deposits Irom
banks
non-banks
credits and loans from
banks
non-banks
fixed-interest securities
money market paper
bonds

44

Il
I
Exchange Minimum
contrai
Reserve
Requirements

III
Interest
Rate
Contrai

IV
Prudential
regulations

V
Tax
Regulations

VI
Other Regulations
or instruments

Sw

UK

D

UK

D

I
F, D, UK
UK
D

\
UK

D

F

N

UK

D
D

Sw

UK

D

Sw

UK

D

Sw

F

F

F

!

F, D, N, UK
D