BANKING SUPERVISION IN ROMANIA BASED ON THE HARMONIZATION WITH EUROPEAN DIRECTIVES Cover Image

SUPRAVEGHEREA BANCARĂ ÎN ROMÂNIA PE FONDUL ARMONIZĂRII CU DIRECTIVELE EUROPENE
BANKING SUPERVISION IN ROMANIA BASED ON THE HARMONIZATION WITH EUROPEAN DIRECTIVES

Author(s): Daniela Croitoru
Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: banking supervision; Basel II; FSA; Basel pillars; BSC; CESB.

Summary/Abstract: The aim of this article is to highlight the need for full harmonization of prudential regulation of banking implemented in Romania with the directives imposed by the European Union. Weaknesses of a bank from a developed country or developing countries threaten financial stability both domestically and internationally. Therefore, the Basel Committee imposed some principles and their implementation in all countries, an important step in the development and improving domestic and international financial stability, being the development of effective surveillance systems.

  • Issue Year: 19/2009
  • Issue No: 4
  • Page Range: 148-157
  • Page Count: 10
  • Language: Romanian
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