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Role Of The Delegated Administrator Compared With The Role Of The Special Administrator In Banking

Author

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  • SILBERSTEIN, Ianfred

    (National Bank of Romania)

Abstract

The articol presents the new Romanian legislation refering at a new legal institution about the delegate administrator. This institution is comparate with the legal institution about the special administrator, which was adopted in 2006 when appeared the Gouvernement Emergency Ordinance no.99/2006. This instituted the right of the National Bank of Romania to decide to adopt one of the stabilisation measures instituted. These stabilisation measures are very important in banking practice, especially in the time of the banking crisis. It is important to distinguish between the two legal institutions for to select the best stabilisation measure.

Suggested Citation

  • SILBERSTEIN, Ianfred, 2013. "Role Of The Delegated Administrator Compared With The Role Of The Special Administrator In Banking," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 17(3), pages 33-43.
    • Handle: RePEc:vls:finstu:v:17:y:2013:i:3:p:33-43
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    File URL: http://www.icfm.ro/RePEc/vls/vls_pdf/vol17i3p33-43.pdf
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    More about this item

    Keywords

    credit institutions; banking crisis; delegate administrator; special administrator; practice in banking; supervisory authority; the National Bank of Romania;
    All these keywords.

    JEL classification:

    • K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

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