ASPEKTY KOMPARACE REGULATORNÍCH PŘÍSTUPŮ
COMPARISON OF ASPECTS OF REGULATORY APPROACHES

Author(s): Eva Vávrová
Subject(s): Evaluation research, Financial Markets, Globalization
Published by: Masarykova univerzita nakladatelství
Keywords: insurance industry; banking; supervisory authority; financial institution; commercial insurance company; solvency; Basel II; Solvency II; risk management;
Summary/Abstract: To the process of liberalization, integration and globalization of financial markets, European institutions have responded by formulating regulatory approaches based on risk management, in banking called Basel II and in insurance industry called Solvency II. Both regulatory approaches are based on the same bases of regulation, they are based on risk management of financial institutions.

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