Template-Type: ReDIF-Article 1.0
Author-Name: László Seregdi
Author-Name: János Szakács
Author-Name: Ágnes Tőrös
Author-Workplace-Name: Magyar Nemzeti Bank
Author-Email: seregdil@mnb.hu
Author-Email: szakacsj@mnb.hu
Author-Email: tirisa@mnb..hu
Title: Micro- and macroprudential regulatory
instruments compared across the European
Union
Abstract: The study investigates how active Hungarian micro- and macroprudential
regulation is in an international comparison. Based on national regulatory
notifications, our analysis summarises the types of national derogation and the
reasons for their application, and presents the forms in which they are applied in
individual Member States. Additionally, it provides an overview of the relationship
of regulatory activity with the risk profile of each state. As a consequence it is
stated that Hungary has shown outstanding activity in terms of both micro- and
macroprudential regulation, due to the significant number of systemic risks.
Classification-JEL: F38, G21, G28, N24
Keywords: banking regulation, European Union, national derogations
Journal: Financial and Economic Review  
Pages: 57–86
Volume: 14
Issue: 4
Year: 2015
File-URL: http://english.hitelintezetiszemle.hu/letoltes/3-seregdi-szakacs-toros-en.pdf
File-Format: Application/pdf
Handle: RePEc:mnb:finrev:v:14:y:2015:i:4:p:57-86