PL EN


2012 | 1 | 2 | 561-571
Article title

The Legal Power Of The Financial Market Supervisory Authority In The Scope Of The Appointment

Authors
Selected contents from this journal
Title variants
Languages of publication
EN
Abstracts
EN
The activity of the financial market supervisory authority must focus on overseeing all types of risks taken by financial institutions, among them the operational risk and the legal risk. Therefore, it seems indispensable for the supervisory authority to be authorised to control and vet central decision-makers in financial institutions. The aim of the present article is to present the currently applied legal solutions in the scope of competencies of the Polish Financial Supervision Authority concerning its influence on the composition of management boards of financial institutions. It also attempts to assess them and presents the author’s suggestions of legal solutions that could be applied in this area. It seems justified to develop regulations that would to the largest possible extent satisfy the interests of the market and at the same time guarantee security of financial institutions’ clients. In this article the author tries to prove that the objection tool in the hands of the Polish Financial Supervision Authority would work better than the instrument of approval.
Year
Volume
1
Issue
2
Pages
561-571
Physical description
Contributors
  • Katedra Systemów Finansowych Gospodarki, Wydział Zarządzania, Uniwersytet Warszawski, SSkuza@wz.uw.edu.pl
References
Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.desklight-0aebb9a3-3c02-4ee3-af3d-bb5d8272030b
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.