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The bank regulation and control in the Czech Republic after the financial and economic crisis 2007 - 2009
Kasenčáková, Jana ; Koderová, Jitka (advisor) ; Kaimova, Nadira (referee)
The thesis brings self-contained review of the bank regulation and control. The first part deals with the theory of the bank regulation and control and then the regulation and control of the bank sector in the Czech Republic is introduced. Next part deals with the brief analysis of the formation and development of the global financial crisis in the USA and chosen European countries. The last part introduces the changes in the field of the bank regulation and control that arose after the break out of the finacial crisis in the European Union. The conclusion of the thesis to a certain degree includes the attutide of the Czech Government and the Czech National Bank towards the newly introduced arrangements.
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Comparison regulation and supervision in Great Britain and in the Czech Republic
Beneš, Jonáš ; Blahová, Naděžda (advisor) ; Brada, Jaroslav (referee)
Resume: This Bachelor's dissertation focuses on topick comparison regulation in Great Britain and in the Czech Republic and its harmonization on European and global level. In this dissertation is explained the supervision system and regulation in Great Britain and planned changes due to financial crisis which started in 2009. This dissertation covers most important harmonizing institutions and tools, witch affecting harmonization. The most important part is comparison of thet four main parts of supervision and regulation and the approach of the bouth countries to this issues.
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Large banking groups
Bartová, Zuzana ; Blahová, Naděžda (advisor) ; Marková, Jana (referee)
The study is mapping various aspects of the present financial system phenomenon - large international financial and banking groups. It shows how the international community tries to resolve a trilemma which is linked to the existence of the large financial groups. The proposed measures on the global as well as on the European Union levels are assessed. The most efficient ones are those aimed in scaling down of these institutions and in a divestment of their activities as they conditioned the provision of the state aid. The study also evaluates proposals to raise capital adequacy and resolution of the large institutions. It mentions their possible negative impact on the banking sectors of the Czech Republic and Slovakia.
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The current status of the credit rating and credit rating agencies in relation to financial market regulation
Hort, Jan ; Blahová, Naděžda (advisor)
This thesis concerns with the development of regulation of credit rating agencies in the European Union and in the United States of America. It points out the role of credit rating agencies in the US subprime mortgage crisis and also in the European debt crisis. Another part focuses on the major problems of credit rating agencies: conflicts of interest, lack of transparency, limited competition and the quality of rating process. The analytical part is devoted to regulátory approach before and after the financial crisis. The work summarizes the measures taken and evaluates them critically. The last chapter tries to outline other possible solutions that may arise in the near future.
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New regulatory and supervisory rules in banking
Csörgö, Tomáš ; Zetek, Pavel (advisor)
The bachelor thesis aims to clarify the new rules of regulation in banking. It explains step by step the need of regulation and supervision by different arguments, which are undoubtedly important for the banking sector. In addition to regulation, it explains principles of supervision, so not only the importance of rules, but also their fulfilling. In the next part, it describes Basel II accord, focusing on internal methods of measuring of credit and operational risk. By De Larosiére report the paper explains the need of new regulatory rules. The main part of the work is the last one, where the new rules are explained. It contains the explanation of remuneration, capital adequacy, liquidity and leverage ratio. The possible impact on economy is mentioned at the end of the work.
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The Impact of Regulation on the Czech Collective Investment Industry
Dolejš, Martin ; Kříž, Radim (advisor) ; Žák, Květoslav (referee)
Czech collective investment industry has been since 2004 regulated by EU directives and special national legal regulations. The national legal regulations, in particular, have undergone significant changes with major impact on the Czech collective investment fund industry. The paper is analyzing the impact of the most significant legal changes on the colective investment funds between 2004 and 2011 in the Czech Republic. In this period the whole supervisory system of financial market has been moved under the Czech National Bank. CNB became, together with the Ministry of Finance, coregulator of the fund industry as well. Major wrongdoings of the czech funds are described.
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Analyses of the regulation's and supervision's models in the financial market
Jakub, František ; Musílek, Petr (advisor) ; Tomšík, Vladimír (referee) ; Jirák, Pavel (referee)
My thesis is directed to the definition, description and comparison of models of the financial market's regulation and supervision. The attention is addressed in particular to institutional aspects of individual systems, advantages and risks which are connected with them, and also to reasons which trigger changes in single countries. The internacional standards are basis for their legal anchorage in which parameters of the independence and accountibility play an immense role. The quality setting of the institutional structure is one, however not sufficient, presumption for the effective supervision's performance. It should not be an objective but only a stepping stone to achieve a better effeciency. The decision which model will be applied for the regulation and supervision is left upon national jurisdictions as it is actually them to take into account all the benefits and expenses including the economic size, structure and level of the market development, legal environment and the central bank's role. Within the last 20 years a fully integrated supervision was generally accepted in the frame of single institution for all financial market's sectors, mostly outside the central bank. Nevertheless, the contemporary regulation is scrutinized in the light of global financial crisis originated in the year 2008. On the base of actual findings it can be expressed that the current mechanism of regulation is not efficient and does not correspond with the degree of global interconnection among financial markets and the offer of inovative financial products. Although the European Union prepared amendments which came into effect from January 1st 2011, by which new bodies were established, the time for a detailed analysis of the potentional contributions has not come yet. However, I suppose the framework for regulation will again be reevaluated in the future. In my opinion no solution brings a complete eliminaton of risks concerning vulnerabilities and systematic shocks on the financial markets. The main analytic part of my thesis is focused on the current supervisory system in the Czech republic and Slovakia, which is based on fully integrated architecture within the central bank. Having used the methods of enquiry and intentional selection I verified the validity of two hypotheses: 1. National supervisory institutions grow in favour of market participants unlike the new set european bodies. 2. The current institutional form of the financial market supervision has a support of market participants in the Czech republic and Slovakia. The results imply that the first hypothesis is valid for the Czech republic only where generally exists a bigger discretion in relation to the new european regulation and supervision bodies. In the case of the second hypothesis it can be said that it was confirmed in terms of the institutional form of the financial market supervision has a major support of financial institutions and experts in both the Czech republic and Slovakia.
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Financial Market Regulation and Supervision in the Czech Republic and European Community
KREJČÍ, Lucie
The essay "The capital market regulation in the Czech Republic and the European Union" deals with the regulation and supervision of capital markets. The first part explains the concepts of regulation and supervision, the reasons which lead to capital market regulation and classification systems of regulation and supervision. The main aim is to focus on regulation and supervision system in the Czech Republic, especially in banking regulation and supervision. Furthermore, it analyzes the situation in the European Union, focusing on a system of regulation and supervision in the UK and in Germany.
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Supervision as an Alternative Form of Punishment
RYCHLÍKOVÁ, Tereza
The main goal of my work is to describe supervision as one of the alternative form of punishment. In the first part is described development of supervision in the world and Czech Republic and for comparison how supervision works in other countries of Europe. Other part is dedicated to work of Probation and Mediation service in Czech Republic. Main part of work is about description of the most important institutes with supervision, mainly to work of probation officer with clients. This part is supplemented by graphs and casuistries. Last part contains description of differences in supervision of children and juveniles.
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