The organization of the banking
supervision models – transformation
in selected European countries
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Publication date: 2016-09-30
JoMS 2016;30(3):369-387
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ABSTRACT
This article presents certain aspects of the banking supervisory process in selected
European countries. The aim of the author is to analyze historical and present
organizations of supervision models in France and Switzerland.
The economic situation in Europe after last financial crisis (2007–2009) has
resulted in a large number of transformations in supervisory organizations, both on
the European level and in individual countries. In practice the most changes was
addressed on the model based on two pillars, where the first institution is responsible
for prudential supervision (both macro and micro) and the second – for overall
functioning supervised institution.
The main goal is to present if the transformation on the European level – in
fact – determine similar direction in transformation of organization of financial
supervisory model in two selected countries. This analysis is concentrated on one of
the financial area – banking services.