MODELS OF MACROPRUDENTIAL SUPERVISION FRAMEWORK

Mihail GÎRLEA, Angela FILIP Universitatea de Stat din Moldova

Аннотация

The issue of financial markets supervision in general and banking in particular is still a very topical issue. Taking into account the complexity and the variety of the issues that may be the object of this topic, the present paper is not having a comprehensive approach, as we would not succeed, but is mainly an analysis of the role of national supervising authorities. Despite the achievements registered at the institutional level in the EU during the last decade, the national supervisory authorities continue to be seen as the main actors responsible for the prudential supervision of financial institutions. The subject is even more interesting as the European regulations are not aimed at establishing a uniform approach for all Member States, which made us meet, during our analysis, a variety of ways of organizing the activities of prudential supervision. Keywords: banking regulation, macroprudential banking supervision, systemic risk, financial stability, macroprudential tools.