Fundamental overhaul of the regulatory and supervisory framework of the European Union single financial market within the banking union Cover Image

Fundamentalne zmiany regulacji i nadzoru jednolitego rynku finansowego Unii Europejskiej w ramach Unii Bankowej
Fundamental overhaul of the regulatory and supervisory framework of the European Union single financial market within the banking union

Author(s): Anna Jurkowska-Zeidler
Subject(s): Financial Markets, EU-Legislation
Published by: Wydawnictwo Uniwersytetu Gdańskiego
Keywords: legal framework of European Union; financial market; banking union

Summary/Abstract: The reconstruction of regulatory and supervisory legal framework is a response to the challenges of the recent global financial crisis. Since 2008 the European Commission has taken steps to create safer and more stable financial market. It has presented nearly thirty new regulations aimed at better regulation of the financial market and the establishment of an effective supervision over it. The creation of the European Banking Union fundamentally affects the further functioning of the integrated single financial market and has undoubtedly great influence on the architecture of the financial safety net. The Author presents the priority elements of the architecture of the Banking Union and their impact on the legal framework of the regulation and supervision of the single financial market of the European Union.

  • Issue Year: 2015
  • Issue No: XXXIII
  • Page Range: 177-193
  • Page Count: 17
  • Language: Polish