“This report examines the interplay between banking competition and financial stability, taking into account the experiences in the recent global crisis and the policy response to it. This report has been prepared by members of the Directorate of Financial and Enterprise Affairs at the OECD in Paris for the G20 Workshop ― The New Financial Landscape, sponsored by the Australian Treasury and the Reserve Bank of Australia. Chapter 1 of the report draws on the deliberations of the OECD Competition Committee. Chapter 2 draws on a paper first presented to the OECD Committee on Financial Markets (CMF), but does not reflect a consensus view of that committee. Chapter 3 also draws on work presented to the CMF and expands upon it.”