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- W2245433413 abstract "This paper focuses on current issues linked to goals of banking regulation and supervision. The banking supervision policy carried out in transition countries – Central and Eastern Europe – takes into account range of specific phenomena. The key distinctive factor of banking supervision and regulation in these economies was until recent absence of market-oriented banking system. This meant that banking supervisors actually had to establish the rules of game and ensure a level playing field for all participants in given financial market. In Czech Republic, this period in banking supervision could be labelled as learning by doing process. The CNB has amended legislative framework regarding commercial banks, with primary goal of implementing EU Directives. Although present situation in transitional economies is far from that of standard economies, we argue that remarkable progress has been made in creating legislative framework regarding prudential operation of commercial banks since beginning of 1990s." @default.
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- W2245433413 date "1998-10-01" @default.
- W2245433413 modified "2023-09-27" @default.
- W2245433413 title "The Czech Banking System in the Light of Regulation and Supervision: Selected Issues" @default.
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