# Convergence, international (global convergence)

- Canonical URL: https://www.gerhardmerk.de/convergence-international-global-convergence
- Post ID: 590709
- Modified: 2023-07-25T21:00:03+00:00
- Language: en

## Definition

In relation to the financial market, the fact that market conditions are becoming increasingly convergent worldwide. The reasons for this are - the development of corresponding financial innovations and advances in information and communications technology, - the liberalization and deregulation of financial markets observed in all countries, and - the convergence of the regulations of national supervisory authorities up to uniform accounting standards, such as IFRS. - See alliances, cross-border, banking supervision, European, Basel II, IAS, world exchange. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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