The Importance of International Banking Regulation for the Development of the Global Economy

The article analyzes the role of international banking regulation in ensuring the stability and development of the global economy. The mechanisms of banking regulation that promote financial stability and economic growth are proposed. The possible consequences of stricter capital and liquidity standards for banks under the new Basel III scheme are being investigated. The impact of international banking regulation on financial stability and economic growth is assessed. One of the latest trends in the development of the global economy is the use of digital financial assets (CFAs). The article discusses the possibilities and limitations of using CFA as a means of payment in the context of international banking regulation. The distribution of CFA placement volumes between various information system operators, according to data for 2024, showed that ALFA-BANK is the market leader, accounting for half of all placements. A significant share also belongs to Masterchain. The remaining operators have significantly smaller volumes. The article pays special attention to the prospects of adapting international banking regulation to the new challenges associated with digitalization and the development of new technologies. It highlights the need to develop new risk-based approaches to regulation, as well as the importance of international cooperation.