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The Changes within the Regulatory and Supervisory Framework of the European Union Financial Markets
[Změny regulačního a dohledového rámce finančních trhů v Evropské unii]

Author

Listed:
  • Naďa Blahová

Abstract

The document deals with financial markets supervision. It is focused on suggested changes on European Union level. The arguments are concentrated on analysis of development related to integration of European financial markets. The options provided by so-called Lamfalussy process are discussed and compared to the recommendations of Larosiér´s report. The article shows the key issue of the supervision which is multinational financial groups.

Suggested Citation

  • Naďa Blahová, 2010. "The Changes within the Regulatory and Supervisory Framework of the European Union Financial Markets [Změny regulačního a dohledového rámce finančních trhů v Evropské unii]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2010(2), pages 42-51.
  • Handle: RePEc:prg:jnlcfu:v:2010:y:2010:i:2:id:66:p:42-51
    DOI: 10.18267/j.cfuc.66
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    References listed on IDEAS

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    1. Luigi Guiso & Tullio Jappelli & Mario Padula & Marco Pagano, 2004. "Financial market integration and economic growth in the EU [‘International measures of schooling years and schooling quality’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 19(40), pages 524-577.
    2. Stéphanie Stolz, 2002. "Banking Supervision in Integrated Financial Markets: Implications for the EU," CESifo Working Paper Series 812, CESifo.
    3. Goodhart, Charles & Schoenmaker, Dirk, 1995. "Should the Functions of Monetary Policy and Banking Supervision Be Separated?," Oxford Economic Papers, Oxford University Press, vol. 47(4), pages 539-560, October.
    4. Karl Whelan, 2009. "The ECB’s role in financial supervision," Working Papers 200915, School of Economics, University College Dublin.
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    More about this item

    Keywords

    Regulation; Supervision; Bank; Financial market; Regulace; Dohled; Banka; Finanční trh;
    All these keywords.

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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