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The Regulatory Framework

  • Maria Grazia Starita
Part of the Palgrave Macmillan Studies in Banking and Financial Institutions book series (SBFI)

Abstract

The aim of this chapter is to analyze the regulatory framework for diversified financial institutions, considering its main evolution overtime and the drivers of future change. The opportunity to develop the bancassurance model was offered by the Second Banking Directive (89/646/EEC) which removed the existing barriers between different sectors of the financial services industry, so that a credit institution can become a distribution channel of financial and insurance services, if this complies with its strategy.

Keywords

Capital Requirement Competent Authority Capital Adequacy European Banking Authority Universal Bank 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Maria Grazia Starita 2012

Authors and Affiliations

  • Maria Grazia Starita

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