ROLE OF THE DELEGATED ADMINISTRATOR COMPARED WITH THE ROLE OF THE SPECIAL ADMINISTRATOR IN BANKING
The articol presents the new Romanian legislation refering at a new legal institution about the delegate administrator. This institution is comparate with the legal institution about the special administrator, which was adopted in 2006 when appeared the Gouvernement Emergency Ordinance no.99/2006. T...
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| Format: | Article |
| Language: | English |
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“Victor Slăvescu” Centre for Financial and Monetary Research
2013-09-01
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| Series: | Financial Studies |
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| Online Access: | http://fs.icfm.ro/vol17i3p33-43.pdf |
| Summary: | The articol presents the new Romanian legislation refering at a new legal institution about the delegate administrator. This institution is comparate with the legal institution about the special administrator, which was adopted in 2006 when appeared the Gouvernement Emergency Ordinance no.99/2006. This instituted the right of the National Bank of Romania to decide to adopt one of the stabilisation measures instituted.
These stabilisation measures are very important in banking practice, especially in the time of the banking crisis. It is important to distinguish between the two legal institutions for to select the best stabilisation measure. |
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| ISSN: | 2066-6071 2066-6071 |