The evolution of the concept of supervision over bank activities against the background of experiences of selected European countries
The subject of considerations is the legal issue of the optimal model of supervision over the functioning of credit institutions. Normative regulation models in selected European countries have been presented with particular reference to the solutions applied in German legislation. Two basic banking...
| Main Author: | |
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| Format: | Article |
| Language: | English |
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University of Applied Sciences in Bielsko-Biała
2016-02-01
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| Series: | Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej |
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| Online Access: | https://ssl.wsfip.edu.pl/index.php/asej/article/view/280 |
| _version_ | 1797246164767080448 |
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| author | Michał CHAJDA |
| author_facet | Michał CHAJDA |
| author_sort | Michał CHAJDA |
| collection | DOAJ |
| description | The subject of considerations is the legal issue of the optimal model of supervision over the functioning of credit institutions. Normative regulation models in selected European countries have been presented with particular reference to the solutions applied in German legislation. Two basic banking supervision systems were identified: institutional type and functional type. Institutional type supervision is exercised by one supervisory institution which deals with irregularities in the functioning of all entities performing bank activities. It has been adopted in Switzerland and in Poland. In this system, the supervision is entrusted to one entity. Functional supervision is exercised, by several supervisory institutions acting jointly, each has their unique statutory competences. The experience of the recent financial crisis indicates a greater effectiveness of the first type of supervision and the need to deepen further the cooperation between national supervision in cross-border activities. |
| first_indexed | 2024-04-24T19:38:27Z |
| format | Article |
| id | doaj.art-4632a9b84469486292bc2397ef0ce206 |
| institution | Directory Open Access Journal |
| issn | 2543-9103 2543-411X |
| language | English |
| last_indexed | 2024-04-24T19:38:27Z |
| publishDate | 2016-02-01 |
| publisher | University of Applied Sciences in Bielsko-Biała |
| record_format | Article |
| series | Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej |
| spelling | doaj.art-4632a9b84469486292bc2397ef0ce2062024-03-25T11:33:53ZengUniversity of Applied Sciences in Bielsko-BiałaZeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej2543-91032543-411X2016-02-01222The evolution of the concept of supervision over bank activities against the background of experiences of selected European countriesMichał CHAJDA0Wyższa Szkoła Finansów i Prawa w Bielsku-Białej Wydział Prawa i Nauk SpołecznychThe subject of considerations is the legal issue of the optimal model of supervision over the functioning of credit institutions. Normative regulation models in selected European countries have been presented with particular reference to the solutions applied in German legislation. Two basic banking supervision systems were identified: institutional type and functional type. Institutional type supervision is exercised by one supervisory institution which deals with irregularities in the functioning of all entities performing bank activities. It has been adopted in Switzerland and in Poland. In this system, the supervision is entrusted to one entity. Functional supervision is exercised, by several supervisory institutions acting jointly, each has their unique statutory competences. The experience of the recent financial crisis indicates a greater effectiveness of the first type of supervision and the need to deepen further the cooperation between national supervision in cross-border activities. https://ssl.wsfip.edu.pl/index.php/asej/article/view/280banking supervisionbanklending activitybanking law |
| spellingShingle | Michał CHAJDA The evolution of the concept of supervision over bank activities against the background of experiences of selected European countries Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej banking supervision bank lending activity banking law |
| title | The evolution of the concept of supervision over bank activities against the background of experiences of selected European countries |
| title_full | The evolution of the concept of supervision over bank activities against the background of experiences of selected European countries |
| title_fullStr | The evolution of the concept of supervision over bank activities against the background of experiences of selected European countries |
| title_full_unstemmed | The evolution of the concept of supervision over bank activities against the background of experiences of selected European countries |
| title_short | The evolution of the concept of supervision over bank activities against the background of experiences of selected European countries |
| title_sort | evolution of the concept of supervision over bank activities against the background of experiences of selected european countries |
| topic | banking supervision bank lending activity banking law |
| url | https://ssl.wsfip.edu.pl/index.php/asej/article/view/280 |
| work_keys_str_mv | AT michałchajda theevolutionoftheconceptofsupervisionoverbankactivitiesagainstthebackgroundofexperiencesofselectedeuropeancountries AT michałchajda evolutionoftheconceptofsupervisionoverbankactivitiesagainstthebackgroundofexperiencesofselectedeuropeancountries |