Financial supervision aspects regarding surveillance of the insurance market

As long as the volatile economic terms blend with a constantly changing competitive environment, the financial services will be at a crossroads and the future of a large number of companies will be uncertain. The lack of an adequate financial supervision can lead to a financial disaster, as the one...

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Bibliographic Details
Main Author: Cătălin Goia
Format: Article
Language:English
Published: Institutul de Studii Financiare 2018-04-01
Series:Revista de Studii Financiare
Subjects:
Online Access:https://revista.isfin.ro/wp-content/uploads/2018/05/5.1_Catalin-Goia_EN-1.pdf
Description
Summary:As long as the volatile economic terms blend with a constantly changing competitive environment, the financial services will be at a crossroads and the future of a large number of companies will be uncertain. The lack of an adequate financial supervision can lead to a financial disaster, as the one from 2007 till 2008 which started a global, unprecedented, systematic, profound, lasting crisis and nevertheless it has revealed significant gaps inside the control and supervision of the financial services on national and international level. This article wishes to present the financial supervision terms and the systemic risk through a systematic integration analysis of the scientific specialized literature without forgetting the latest information provided by the supervisors.
ISSN:2537-3714
2559-1347