On the Impact of Legislative Risk in Banking Activity
The operational risk, at the banking level, is the one that includes the risks that can be generated, for a credit institution, by changing the relevant regulations. Legislative changes in recent years have had a significant impact on banking activity. Thus, a legislative risk i...
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| Format: | Article |
| Language: | English |
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Transilvania University of Brasov Publishing House
2023-05-01
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| Series: | Bulletin of the Transilvania University of Braşov: Series VII: Social Sciences, Law |
| Subjects: | |
| Online Access: | https://webbut.unitbv.ro/index.php/Series_VII/article/view/4601/3525 |
| _version_ | 1797201831987773440 |
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| author | Adriana I. Pantoiu |
| author_facet | Adriana I. Pantoiu |
| author_sort | Adriana I. Pantoiu |
| collection | DOAJ |
| description | The operational risk, at the banking level, is the one that includes the risks that can be generated, for a credit institution, by changing the relevant regulations. Legislative changes in recent years have had a significant impact on banking activity. Thus, a legislative risk is highlighted, resulting from less proper regulations, the effects of which can be seen on the banking system. From the analysis of such regulations, we observe, on the one hand, the aspiration of the Romanian legislator to align the Romanian legal system to the Union law. On the other hand, we see the need for better collaboration between the legislator and the representatives of the banking system, so that the principle of legal security is not affected. |
| first_indexed | 2024-04-24T07:53:48Z |
| format | Article |
| id | doaj.art-d7899e4a46184b40bbb848878bac6511 |
| institution | Directory Open Access Journal |
| issn | 2066-7701 |
| language | English |
| last_indexed | 2024-04-24T07:53:48Z |
| publishDate | 2023-05-01 |
| publisher | Transilvania University of Brasov Publishing House |
| record_format | Article |
| series | Bulletin of the Transilvania University of Braşov: Series VII: Social Sciences, Law |
| spelling | doaj.art-d7899e4a46184b40bbb848878bac65112024-04-18T08:09:52ZengTransilvania University of Brasov Publishing HouseBulletin of the Transilvania University of Braşov: Series VII: Social Sciences, Law2066-77012023-05-0115(64)Special Issue123128https://doi.org/10.31926/but.ssl.2022.15.64.3.16On the Impact of Legislative Risk in Banking ActivityAdriana I. Pantoiu0University of Pitesti, RomaniaThe operational risk, at the banking level, is the one that includes the risks that can be generated, for a credit institution, by changing the relevant regulations. Legislative changes in recent years have had a significant impact on banking activity. Thus, a legislative risk is highlighted, resulting from less proper regulations, the effects of which can be seen on the banking system. From the analysis of such regulations, we observe, on the one hand, the aspiration of the Romanian legislator to align the Romanian legal system to the Union law. On the other hand, we see the need for better collaboration between the legislator and the representatives of the banking system, so that the principle of legal security is not affected.https://webbut.unitbv.ro/index.php/Series_VII/article/view/4601/3525operational risklegislationcredit institutions |
| spellingShingle | Adriana I. Pantoiu On the Impact of Legislative Risk in Banking Activity Bulletin of the Transilvania University of Braşov: Series VII: Social Sciences, Law operational risk legislation credit institutions |
| title | On the Impact of Legislative Risk in Banking Activity |
| title_full | On the Impact of Legislative Risk in Banking Activity |
| title_fullStr | On the Impact of Legislative Risk in Banking Activity |
| title_full_unstemmed | On the Impact of Legislative Risk in Banking Activity |
| title_short | On the Impact of Legislative Risk in Banking Activity |
| title_sort | on the impact of legislative risk in banking activity |
| topic | operational risk legislation credit institutions |
| url | https://webbut.unitbv.ro/index.php/Series_VII/article/view/4601/3525 |
| work_keys_str_mv | AT adrianaipantoiu ontheimpactoflegislativeriskinbankingactivity |