Publication details
A makroprudenciális hatóságok jogállása az Európai Unió tagállamaiban
| Title in English | The status of macro-prudential authorities in the EU Member States |
|---|---|
| Authors | |
| Year of publication | 2024 |
| Type | Article in Periodical |
| Magazine / Source | Pro Futuro |
| MU Faculty or unit | |
| Citation | |
| web | https://ojs.lib.unideb.hu/profuturo/article/view/14392 |
| Keywords | institutional framework; macro-prudential management; Bank of Hungary; central bank; financial stability systemic risks |
| Description | The study examines the main components of the organisational framework for macro-prudential management in the Member States of the European Union. The organisational design of macro-prudential management is a matter for the Member States, which can themselves be grouped into different models. The study first presents the international and EU standards and recommendations on the status of macro-prudential bodies in the Member States, then summarises the basic, theoretically relevant features of the status of macro-prudential bodies in the Member States, presents the analytical methodology of the study and finally analyses the features of the status of macro-prudential bodies in the Member States according to the methodology defined. The study concludes that there is a tendency for the EU macro-prudential body to standardise the basic elements of the status of macro-prudential bodies. However, the process of unification of the content of the institutional framework is still at an early stage and a variety of legal solutions can be identified for each of the substantive aspects. The study concludes that the institutional framework for macro-prudential policy can be described as having different formal features, with initially coordinated unification of the content pillars, but with different legal solutions. |