A NEW APPROACH TO FINANCIAL REGULATION AT THE EUROPEAN LEVEL

Ioana Laura Valeanu ()
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Ioana Laura Valeanu: Ph.D Candidate, Alexandru Ioan Cuza University of Iasi

CES Working Papers, 2015, vol. 7(4), issue 4, 901-913

Abstract: With the recent financial and economic crisis onset, a fragility of the financial system became apparent, under the form of a series of vulnerabilities and failures with a strong destabilizing impact on the economy. In this context, a new approach to financial stability has outlined itself, pleading for a more extensive financial regulation and macro-prudential supervision, complementary to the micro-prudential one. The objectives of this article are to highlight the context and need for a new financial regulatory framework and underline the main problems of the banking system the new European regulations addresses.

Keywords: financial regulation; financial stability; banking system (search for similar items in EconPapers)
JEL-codes: G00 K20 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:jes:wpaper:y:2015:v:7:i:4:p:901-913

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