Szerzői információk:
Biedermann Zsuzsánna: Magyar Tudományos Akadémia Közgazdaság- és Regionális Kutatóközpont Világgazdasági Intézet, tudományos munkatárs. E-mail: biedermann.zsuzsanna@krtk.mta.hu
Orosz Ágnes: Magyar Tudományos Akadémia Közgazdaság- és Regionális Kutatóközpont Világgazdasági Intézet, tudományos munkatárs. E-mail: orosz.agnes@krtk.mta.hu
Absztrakt:
Ennek a tanulmánynak a célja az Atlanti-óceán két oldalán adott szabályozói változások összevetése. A nem megfelelő szabályozói környezet a pénzügyi és gazdasági válság kialakulásának egyik oka volt, ezért a válság utáni szabályozás célja a korábbi hiányosságok kiküszöbölése és a válság során kialakult problémák kezelése. A tanulmány az Atlanti-óceán két oldalán nemrégiben elfogadott pénzügyi szabályozói kezdeményezéseket hasonlítja össze, és értékeli az EU-ban illetve az Egyesült Államokban tapasztalható, egymástól eltérő irányú szabályozói megközelítéseket hat kiemelt területen: javadalmazás, a banki tőkekövetelmények, származtatott eszközök, hitelminősítő ügynökségek, a fedezeti alapok szabályozása és fogyasztóvédelem. A szabályozásban meglévő alapvető különbségek kihívást jelentenek azoknak a cégeknek, amelyek mindkét környezetben működnek, a harmonizálás pedig továbbra is nehezen megoldható. Ugyanakkor bizonyos területeken a szabályozó hatóságok az Atlanti-óceán mindkét oldalán hajlandónak mutatkoznak arra, hogy széles körben elfogadják a külföldi joghatóság szabályait a sajátjaik helyett. Az Egyesült Államok és az Európai Unió közötti rendszeres párbeszédek a helyes irányba mutatnak, de ahogyan a cikk kiemeli, még nagyon sok téren kell módosítani a szabályokat ahhoz, hogy olyan konszenzust lehessen elérni, amely a pénzpiaci résztvevők és a szabályozó hatóságok számára egyaránt elfogadható.
Hivatkozás (APA):
Biedermann, Z., & Orosz, Á. (2015). Eltérő irányú pénzügyi szabályozások a válság után? Az EU és az Egyesült Államok válaszainak összevetése. Hitelintézeti Szemle, 14(1), 30–56. https://hitelintezetiszemle.mnb.hu/2-biedermann-orosz-2
Rovat:
Tanulmány
Journal of Economic Literature (JEL) kódok:
G28, G29
Kulcsszavak:
pénzpiaci szabályozás, javadalmazás, tőkekövetelmény, hitelminősítő ügynökségek szabályozása, származtatott eszközök szabályozása
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