The Role of the National Bank of Romania as Competent Authority in the Preparation of the Credit Institutions Resolution Cover Image
  • Price 4.50 €

Rolul Băncii Naţionale a României ca autoritate competentă în etapa de pregătire a rezoluţiei instituţiilor de credit
The Role of the National Bank of Romania as Competent Authority in the Preparation of the Credit Institutions Resolution

Author(s): Ianfred Silberstein
Subject(s): Law, Constitution, Jurisprudence
Published by: Universul Juridic
Keywords: National Bank of Romania; credit institution; resolution of the credit institution;

Summary/Abstract: Adaptation of Romania banking regulations on European regulations has experienced a milestone by issuing Law no. 312/2015 on recovery and resolution of credit institutions and investment firms and amending and supplementing certain acts in the financial field. With this new law shall establish rules and procedures for the recovery and resolution of certain categories of entities in the banking field, clearly determined from the first articles of this law. The study examines, in all rights and obligations of the NBR in any of his skills resolution authority and notes, its important role in the preparation of the resolution of a credit institution. It must follow fully the provisions of Law no. 312/2015 to perform smoothly its tasks in quality legal authority resolution.

  • Issue Year: 2016
  • Issue No: 1
  • Page Range: 167-175
  • Page Count: 9
  • Language: Romanian