EU Financial Stability Network Reform and Risk Exposure of the Systemically Important Financial Institutions

• Autorzy: Klaudia Zielińska

Warianty tytułu

Reforma europejskiej sieci bezpieczeństwa finansowego a ekspozycja na ryzyko systemowo ważnych instytucji finansowych

• Języki publikacji: EN

Abstrakty

Wraz z przedstawieniem surowych wymogów kapitałowych i płynnościowych wydawałoby się, że Europa wzmocniła kontrolę nad własnym sektorem finansowym. Komisja Europejska prawidłowo dostrzegła okazję do wzmocnienia integracji pomiędzy państwami członkowskimi poprzez utworzenie unii bankowej. Jednak pytanie, czy bezpieczeństwo sektora finansowego faktycznie wzrosło, pozostaje otwarte. Kapitalizacja i płynność największych banków niewątpliwie wzrosła, jednak może to mieć swoje konsekwencje. Spełnienie nowych wymogów jest kosztowne, jednak oczekiwania odnośnie dochodowości banków pozostają wysokie, zachęcając do poszukiwania ryzykownych, lecz wysoko rentownych inwestycji. Ten artykuł przedstawia propozycję oceny wypadkowego wpływu na bezpieczeństwo. (abstrakt oryginalny)

EN

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. (original abstract)

Słowa kluczowe

PL

Instytucje finansowe; Bezpieczeństwo finansowe; Ryzyko systemowe; Sieć bezpieczeństwa finansowego

EN

Financial institutions; Financial security; Systemic risk; Financial safety net

• Czasopismo: Journal of Capital Market and Behavioral Finance
• Rocznik: 2016
• Tom: 2(4)
• Strony: 53-63

Twórcy

autor

Klaudia Zielińska

• University of Lodz, Poland

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