Supravegherea prudențială a băncilor în Uniunea Europeană
Prudential Supervision of Banks in the European Union

Summary/Abstract: Two European Union Treaties - the Treaty on European Union (Maastricht Treaty) and the Treaty on the Functioning of the European Union - provide that the regulatory system in the European Union is based on home country controls. mutual recognition of national supervisory authorities. Thus, a financial institution is authorised and supervised in its home country and can expand its operations throughout the Union without additional supervision from the jurisdiction of the expanding country. The host country government should recognise the supervision of the home government and minimum standards for prudential supervision should be set in line with European guidelines. On the other hand, financial institutions operating through affiliates are licensed and regulated in the host country. Given that the banking system is different from capital markets, supervision at the level of the two main components of the domestic financial system requires different areas to be implemented. With regard to capital markets, there is an EU-wide Directive on market supervision through financial instruments to be implemented by Member States.

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