Supervision of financial markets
Keywords:
market, financial market, banks, capital market, prudential supervision, financial supervisory authority, insurance/reinsurance, private pension fundsAbstract
Based on the fundamental role of the market in contemporary economic development, in this study we aim to analyse how the financial markets in Romania are regulated, monitored and, especially supervised, compared to developed or developing European countries, close or far away from the national borders.The study highlights the main trends in the existing financial supervision systems abroad after the 2000s and ends with proposals based on the authors' opinion regarding the best option for the Romanian supervisory model of financial markets.References
Kiriţescu C. Costin, Dobrescu C. Emilian (1998), Banks – small encyclopaedia, Expert Publishing, Bucharest.
Ilie Mihai (2003), Technology and banking management, Expert Publishing, Bucharest.
Ilie Mihai (2009), Management of banking, Publishing of Tomorrow Foundation Romania, Bucharest.
Scriban August (1939), Dictionary of the Romanian language, Iaşi.
Văcărel Iulian & the collective (2008), Knowing Romania, member of European Union, Romanian Statistical Publishing, Bucharest.
Romanian Academy (1999) – DEX, Explanatory Dictionary of the Romanian Language, second Edition, Univers Enciclopedic Publishing House, Bucharest.
Law no. 33/29 March 1991 on banking activity, published in O.G. Part I no. 70/April 3, 1991.
Law no. 34/29 March 1991 on the National Bank of Romania published in the O.G. Part I no. 70 April 3, 1991.
Law no. 59/1998, banking law, published in the O.G. Part I no. 121/23.03.1998.
Law no. 101/1998 on the National Bank of Romania published in the O.G. Part I no. 203/ 01.06.1998.
Law no. 312/28 June 2004 on the National Bank of Romania, published in the O.G. Part I
no. 582/30 June, 2004.
Law no. 227/2 July 2007 for the approval of GO no. 99/2006 on credit institutions and capital adequacy, published in the O.G. Part I no. 480/18.07.2007.
Law no. 52/1994 on securities and stock exchanges, published in the O.G. Part I no. 210/ August 11, 1994.
Law no. 297/2004 regarding the capital market, published in the O.G. Part I no. 571/ 29.06.2004.
Law no. 136/1995 on insurance and reinsurance in Romania, published in the O.G.
Part I no. 303/30.12.1995.
Law no. 32/03.04.2000 regarding insurance companies and insurance supervision, published in the O.G. Part I no. 148/10.04.2000.
Law no. 411/2004 on private pension funds, amended and supplemented by Ordinance no. 112/2007, republished in the O.G. Part I no. 482/18.07.2007.
Law no. 113/2013 approving Government Emergency Ordinance no. 93/2012 regarding the organization and operation of the FSA published in the O.G Part I no. 234/ 23.04.2013.
Downloads
Published
How to Cite
Issue
Section
License
The Annals of Spiru Haret University. Economic Series operates under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, granting authors full copyright of their work without restrictions. This licensing framework ensures that the journal’s content can be shared and adapted non-commercially, provided appropriate credit is given and derivative works are distributed under the same terms.
By adhering to these principles, the journal reaffirms its commitment to promoting high-caliber research and supporting the global exchange of economic knowledge.