Struktury nadzoru nad rynkiem finansowym

• Autorzy: Przemysław Wasilewski

Warianty tytułu

Financial Supervisory Structures

• Języki publikacji: PL

Abstrakty

Przedstawiono obecny stan wiedzy na temat struktur nadzoru finansowego, ich wybór oraz problem reformy. Celem opracowania nie jest wysuwanie wniosków na temat modelu i struktury nadzoru optymalnych dla Polski - to bowiem wymaga przeprowadzenia osobnych studiów.

EN

Proper construction of financial market supervision is the important condition for effective supervision. Among the possible structures, it is necessary to mention integrated supervision (combining in one institution prudential supervision over all segments of the financial market) and unified supervision (joined integrated prudential supervision with market supervision - market participants' protection). Each of those structures brings benefits as well as threats. Integrated supervision can potentially provide better and easier supervision over financial conglomerates, decrease number of supervision gaps, increase competitive neutrality of regulations and bring savings resulting from the economy of scale. On the other hand, integrated supervision may worsen supervision if financial conglomerates are not dominant in the sector. In addition, some disadvantages of scale may arise. Unified supervision gains from all benefits of integrated supervision but also allows to overview financial market in a complex way, facilitates information exchange, provides unified consumer protection and clearly defines responsibilities. It has also some disadvantages - to those observed in integrated supervision one can add: difficulties in stating clear and understandable goals of the supervision, huge power granted to only one institution, conflict between prudential and market supervision and possible loss of whole supervision credibility if only one part fails. Unfortunately, it is not possible to test effectiveness of financial supervision in laboratory. Until now, no country that had recently changed its supervision structure has been the arena of financial crisis; therefore, the assessment of new structures is hardly possible. (original abstract)

Słowa kluczowe

PL

Rynki finansowe; Nadzór nad rynkiem finansowym; Nadzór bankowy

EN

Financial markets; Financial market supervision; Bank supervision

• Czasopismo: Zeszyty Naukowe / Szkoła Główna Handlowa. Kolegium Gospodarki Światowej
• Rocznik: 2007
• Numer: nr 22
• Strony: 191--212

Twórcy

autor

Przemysław Wasilewski

Bibliografia

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