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The de Larosière Report Regarding the new Structure of European System of Financial Supervision

Author

Listed:
  • Ágnes NAGY

    (Babeş-Bolyai University Cluj-Napoca)

  • Ştefan PETE

    (Babeş-Bolyai University Cluj-Napoca)

  • Annamária BENYOVSZKI

    (Babeş-Bolyai University Cluj-Napoca)

  • Tünde Petra PETRU

    (Babeş-Bolyai University Cluj-Napoca)

  • Lehel-Zoltán GYÖRFY

    (Babeş-Bolyai University Cluj-Napoca)

Abstract

The aim of this study is to present the new architecture of the European financial supervision the necessity of which had been brought into sharp focus by its deficiencies in the current financial crisis. The study presents through the prism of the report edited by the de Larosière Group the main generating elements of the financial crisis, the deficiencies of the risk management, of corporate governance regulations, the lack in applying the regulation framework and in supervision regarding risk management.

Suggested Citation

  • Ágnes NAGY & Ştefan PETE & Annamária BENYOVSZKI & Tünde Petra PETRU & Lehel-Zoltán GYÖRFY, 2010. "The de Larosière Report Regarding the new Structure of European System of Financial Supervision," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(11(552)), pages 5-20, November.
    • Handle: RePEc:agr:journl:v:xvii(2010):y:2010:i:11(552):p:5-20
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