Purpose

This paper aims to examine the relevance of cross-border activity in the European banking sector, evaluating the role of differences in regulation to explain the level of interest in entering foreign markets.

Design/methodology/approach

The sample considers all banks in the European Union (EU 28) existing at year-end 2017, and information about the ultimate owners’ nationality to classify local and foreign banks is collected. The analysis provides a mapping of regulatory restrictions for foreign banks and evaluates how they impact the role of foreign players in the deposit and lending markets.

Findings

Results show that the lower are the capital adequacy requirements, the higher are the amounts of loans and deposits offered by non-European Economic Area banks and, additionally, the higher the probability of having a foreign bank operating in the country.

Originality/value

This paper provides new evidence on regulatory arbitrage opportunities in the EU and outlines differences among EU countries not previously studied.

中文翻译：

---

欧洲的跨境银行和外国分行监管

目的

本文旨在研究欧洲银行业跨境活动的相关性，评估监管差异的作用，以解释进入外国市场的兴趣程度。

设计/方法/方法

样本考虑了欧盟（EU 28）在 2017 年底存在的所有银行，并收集了有关最终所有者国籍的信息，以对本地和外国银行进行分类。该分析提供了对外国银行的监管限制的映射，并评估了它们如何影响外国参与者在存款和贷款市场中的作用。

发现

结果表明，资本充足率要求越低，非欧洲经济区银行提供的贷款和存款金额越高，此外，外国银行在该国经营的可能性就越高。

原创性/价值

本文提供了关于欧盟监管套利机会的新证据，并概述了之前未研究过的欧盟国家之间的差异。