Latest Developments in Banking Regulation in tee European Union
Latest Developments in Banking Regulation in tee European Union

Author(s): Mária Klimiková, Martin Vovk
Subject(s): Governance, EU-Accession / EU-DEvelopment, Financial Markets
Published by: Masarykova univerzita nakladatelství
Keywords: financial crisis; banks; banking regulation; EU; BRRD;
Summary/Abstract: The financial crisis has revealed that there has been no effective system of governance of financial institutions in crisis, and that there are very few measures that should be adopted by banks in the event of a banking crisis. This fact was an important reason to make an effective policy framework, which would be organized managed the financial institutions if they get into trouble, and so could prevent infection of others.

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