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2010 | 6 | 3 | 52-56

Article title

Crisis threat and banking reform trends

Content

Title variants

Languages of publication

EN

Abstracts

EN
The concepts of regulatory changes, published by individual experts as well as institutions responsible for the financial market, are burdened with the experience of the last subprime credit crunch. Beyond the field of interest there are risks that have appeared in the last years and require decisive actions from banks, e.g. in the area of Internet banking or compliance. These areas seem to need some institutional support for the sector. The author suggets that crisis shock must be fought with the intervention shock, i.e. with a number funds of a number of institutions and huge amounts.

Year

Volume

6

Issue

3

Pages

52-56

Physical description

Contributors

  • Warsaw School of Economics, Poland
  • Prague Development Center s.r.o., Bořivojova 1081 / 40, 130 00, Prague 3 - Žižkov, Czech Republic

References

  • Committee of World Financial System BIS: Central Bank Operations in Response to the Financial Turmoil, CGFS Papers , no. 31, July 2008
  • Hefernan, S., John, W., 2005. Modern banking, , Ltd., England
  • Iwanicz-Drozdowska M., 2008. Bezpieczeństwo rynku usług finansowych. Perspektywa Unii Europejskiej, (Security of the market of financial services. European Union Perspective) Oficyna Wydawnicza SGH, Warsaw
  • Jajuga K. Rozwój czy zmiana modelu pośrednictwa finansowego, (Development or change in financial brokerage model) in Polski sektor bankowy w perspektywie roku 2030, (Polish banking sector from the perspective of 2030) ed. by J. Szambelańczyk, Związek Banków Polskich, Oficyna Wydawnicza SGH, Warsaw, 2010, p.30
  • Masiukiewicz, P., 2010. Społeczna autoregulacja kryzysów finansowych, (Social autoregulation of financial crises) in: Polski sektor bankowy w perspektywie roku 2030, (Polish banking sector from the perspective of 2030) ed. by J. Szambelańczyk, Związek Banków Polskich, Oficyna Wydawnicza SGH, Warsaw
  • Masiukiewicz, P., 2010. Doktryna dobra publicznego w bankowości,(Doctrine of public good in banking) Prakseologia, PAN, no.150
  • Pedersen L., Roubini N. A Proposal to Prevent Wholesale Financial Failure, Financial Times, 30.01.09
  • Polska wobec światowego kryzysu gospodarczego - część II.(Poland in relation to economic crisis - part II) Wnioski z dyskusji,( Discussion conclusions) brochure, NBP, Warsaw, 2010
  • Restoring Financial Stability: How to Repair a Failed System, 2009. John Wiley & Sons, NJ.
  • Takenaka, H., Ways to Avoid Another Stampede, Financial Times, 14.11.08
  • The High-Level Group on Financial Supervision in the EU, Report, Chaired by J. de Larosiere, Brussels, 25 February, 2009, www.ec.europa.eu
  • Van Duyn, A., 2008. US Banks Urge Sweeping Credit Market Reform, Financial Times, 07.08.2008

Document Type

Publication order reference

YADDA identifier

bwmeta1.element.cejsh-f6910b38-a433-43db-9b7b-4ebf7e2b0206
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