期刊名称:Ovidius University Annals: Economic Sciences Series
电子版ISSN:2393-3127
出版年度:2011
卷号:11
期号:2
语种:English
出版社:Ovidius University Press
摘要:Since 2008,the G20,the US and the EU have taken important steps to safeguard financial stability and reshape the global financial system. Some arrangements are being put in place at the national,regional and international level. The regulatory framework includes now OTC derivatives,hedge funds and credit rating agencies. At the EU level,it was created a new institutional framework of supervision the financial market (2009) and appeared market reform proposals regarding derivatives and short selling (2010). In the US,the Dodd-Frank Act entered into force in July 2010. At the international level,it was adopted a new Basle Acord – Basel III,in September 2010. By comparison,European regulatory structure remains more fragmented than that of the US. This paper discusses some issues regarding financial regulatory reform,analysing a set of national and international actions and proposals.