Home Archive Organization Program News Contact
PDF download
Cite article
Share options
Informations, rights and permissions
Issue image
Vol 3, Issue 1, 2014
Pages: 132 - 138
None of above
See full issue

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. 

Metrics and citations
Abstract views: 5
PDF Downloads: 0
Google scholar: See link
Article content
  1. Abstract
  2. Disclaimer
Received: >> Accepted: >> Published: 01.10.2014. None of above

EMPLOYEES WHOSE PROFESSIONAL ACTIVITIES HAVE A SIGNIFICANT IMPACT ON THE RISK PROFILE OF CREDIT INSTITUTIONS IN EUROPEAN UNION

By
Vuk Radulović ,
Vuk Radulović
Vuk Radulović ,
Vuk Radulović
Vuk Radulović
Vuk Radulović
Abstract

This paper is dealing with the issue of the categories of staff whose professional activities affect risks of credit institutions. The above mentioned issue is regulated by the Delegated Regulation of the European Commission amending Directive 2013/36/EU of the European Parliament and of the Council from 4 March 2014 with regard to regulatory technical standards with respect to qualitative criteria to identify categories of staff whose professional activities have material impact on institution's risk profile. The author dedicated special attention to the issue of relation of the Delegated Regulation of the Commission and the Directive 1093/2010 of the European Parliament and of the Council establishing a European Supervisory Authority (European Banking Authority). The author of the article analyses solutions provided in the Commission Delegated Regulation and refers to changes brought to the European Company Law, especially emphasising the importance of new solutions from the point of view of stability of credit institutions and policy of risk management. All legal elements of the delegated document will be parsed in the light of their importance, with special emphasis given to the context of the Commission Delegated Regulation, subject matter, importance and area of application. The author gradually analyses both qualitative and quantitative criteria for determining categories of staff that are significant for the credit institution's risk profile and refers to the significance of their proper application and interpretation in order to reach the goal envisaged by the Regulation in order to limit their scope, and to bring the possibility of subjective estimations to a minimum.

The statements, opinions and data contained in the journal are solely those of the individual authors and contributors and not of the publisher and the editor(s). We stay neutral with regard to jurisdictional claims in published maps and institutional affiliations.