Currently, the globalization appears as an undisputed reality of the contemporary world and leaves traces, in a small or great measure, upon all coordinates of life. The financial globalization is the most obvious form for showing the globalization, the financial field proving to be the most dynamical field. The complex processes of deregulation and decompartment which give the essence of the financial globalization process brought a real transformation of the financial environment in what concerns the ampleness of financial flows, complexity and speed of transactions, diversification of financial instruments. Within this context, the financial markets more and more interdependent, characterized by a triple unit, of time, place and operations, brings forward the impact, almost a sudden one, of financial conditions, from a region to national financial markets around the globe.

financial globalization, financial flows, deregulation, decompartment, disintermediation