REFORMA EUROPEJSKIEJ SIECI BEZPIECZEŃSTWA FINANSOWEGO A EKSPOZYCJA NA RYZYKO SYSTEMOWO WAŻNYCH INSTYTUCJI FINANSOWYCH
EU FINANCIAL STABILITY NETWORK REFORM AND RISK EXPOSURE OF THE SYSTEMICALLY IMPORTANT FINANCIAL INSTITUTIONS

Summary/Abstract: With the introduction of strict capital and liquidity requirements, it would seem that Europe has reinforced its control over its financial sector. The European Commission has properly spotted and grabbed the opportunity to strengthen integration between the Member States through the introduction of a banking union. But the question is whether the safety of the financial sector really increased. The capitalization of the largest banks has undoubtedly increased and so has their liquidity, but this came at a price. Compliance with the new regulations is expensive, yet the expectations towards the banks’ profitability remains high, pushing them to seek risky but profitable investments. This article will attempt to analyse the net impact on security. The article consists of three parts. First of them is presenting the definition and significance of the financial safety net. Second quantifies and discusses the impact of the new requirements and thresholds. The last part concludes the study, pointing out the weak spots of the regulations and suggesting further steps towards strengthening the resilience of the largest banks in Europe.

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