PROTECTION OF PERSONS AFFECTED BY THE DEPOSIT TRANSFER INSTITUTED WITH THE SPECIAL ADMINISTRATION OF A CREDIT INSTITUTION (English version)

Rada Postolache
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Rada Postolache: Lecturer Dr., Valahia University of din Târgovişte, Faculty of Law and Social-Political Sciences

Jurnalul de Studii Juridice, 2011, vol. 3-4, 153-164

Abstract: The maintenance of trust in the Romanian banking system is mainly insured by the institutionalization of a guarantees system, which insures the restitution of the deposited amounts of money, but also the damages given to depositors, should a transfer of deposits occur. This system is regulated as measure in the context of a credit institution restructuring, by article 24011 paragraph (2) letter b) and article 24012 paragraph (1) letter d) of the Emergency Ordinance No. 99/2006 on credit institutions and capital adequacy. Depositors’ protection has a specific legal system, is integrated in special administration and is subject to our present analysis which uses law as working instrument.

Keywords: special supervision; special administration; banking deposit; remedial measures; damages fund; deposits guarantee fund (search for similar items in EconPapers)
JEL-codes: A23 K10 (search for similar items in EconPapers)
Date: 2011
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