Inner control within the non-banking financial institutions
The non-banking financial institutions take an extremely important place inside the financial market and therefore play an apprecialble role in the economy. Taking into account the specific nature of the operations that these operators are authorized to develop, it is necessary for their activity to be subject to an efficient internal control and also to be well-structured. To assure the organization and functionning of an efficient control inside all the non-banking financial institutions, the authority for reglementation and supervision the specific market, namely the National Bank of Romania has adopted a compulsory regulation for these operators, with reference to the inner control. The organization and development of inner control inside the non-banking institutions is a responsability of their board councils, which can assure themselves-by means of an efficient inner control - that the activities developped inside the respective institutions are according to the legal regulations and internal procedures and at the same time the accomplished operations make efficiency and profitableness
|Date of creation:||10 Jan 2009|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://mpra.ub.uni-muenchen.de
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:14303. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht)
If references are entirely missing, you can add them using this form.