Other factors promoting cross-border integration of financial institutions are the common money market, common payment systems and the increasing importance of inter-bank business. From the perspective of financial stability, the increased potential risk of a spill-over of foreign financial crises into the domestic market in the wake of integration mirrors the decreased susceptibility to asymmetric financial crises at home.
What can be done to intensify the effects promoting financial stability and to weaken those reducing it? To be brief, EU member states have to co-operate closely in financial market regulation, financial market integration and crisis management.