CHANGES IN MACRO AND MICRO-PRUDENTIAL SUPERVISION IN THE EUROPEAN UNION AND POLAND AFTER 2008

Abstract

The financial crisis in the first decade of this century made economists, politicians and financial institutions realize the need for changes, especially in the area of supervision over markets. It should take place both at the micro and macro scale. Globalization processes force governments to cooperate on an international scale to avoid the socalled “domino effect”. A lot of households, which should be protected at macro level, lost their confidence in the financial markets because of the crisis. The purpose of this paper is to analyze the most important changes, which have been introduced after the crisis, in the legal regulations concerning supervision and safety of financial markets, both in the legislation of the European Union and Poland.

Authors and Affiliations

Maciej Banasik

Keywords

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  • EP ID EP307144
  • DOI 10.19192/wsfip.sj1.2017.1
  • Views 68
  • Downloads 0

How To Cite

Maciej Banasik (2017). CHANGES IN MACRO AND MICRO-PRUDENTIAL SUPERVISION IN THE EUROPEAN UNION AND POLAND AFTER 2008. Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej, 1(1), 4-24. https://europub.co.uk/articles/-A-307144