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The Financial Supervision Models In The European Countries

Author

Listed:
  • Sorina Ioana Coroiu

    (University of Oradea, Faculty of Economics, Oradea)

  • Claudia Diana Sabău Popa

    (University of Oradea, Faculty of Economics, Oradea)

Abstract

In the current crisis context, more than ever, financial supervision plays a significant role. This paper presents the three main supervision models that are followed by the European countries: institutional model (banking, insurance and securities), functional model (supervision by objectives) and centralized model (single supervision authority). Each model is analyzed, trough its advantages and disadvantages. One of the main questions is about the appropriate model for financial supervision, a problem for which this paper is looking for an answer.

Suggested Citation

  • Sorina Ioana Coroiu & Claudia Diana Sabău Popa, 2009. "The Financial Supervision Models In The European Countries," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 12(12(541)(s), pages 352-356, December.
    • Handle: RePEc:agr:journl:v:12(541)(supplement):y:2009:i:12(541)(supplement):p:352-356
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