Pregled bibliografske jedinice broj: 1165349
Capital Markets Union and European covered bonds initiative for upgrading capital markets in the New Member States
Capital Markets Union and European covered bonds initiative for upgrading capital markets in the New Member States // “37th International Scientific Conference on Economic and Social Development – Socio Economic Problems of Sustainable Development”
Baku, Azerbajdžan, 2019. (predavanje, podatak o recenziji nije dostupan, neobjavljeni rad, znanstveni)
CROSBI ID: 1165349 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Capital Markets Union and European covered bonds
initiative for upgrading capital markets in the
New Member States
Autori
Bajakić, Ivana
Vrsta, podvrsta i kategorija rada
Sažeci sa skupova, neobjavljeni rad, znanstveni
Skup
“37th International Scientific Conference on Economic and Social Development – Socio Economic Problems of Sustainable Development”
Mjesto i datum
Baku, Azerbajdžan, 14.02.2019. - 15.02.2019
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Podatak o recenziji nije dostupan
Ključne riječi
capital markets regulation, Capital markets union, European covered bonds, Central Eastern and South Eastern European capital markets
Sažetak
The covered bond represents one of the oldest European financial instruments. Covered bond market started with a need to finance the agriculture and was later focused on a real estate. Today, the covered bond market is one of the largest debt market in the world with EUR 2.5 trillion in outstanding amounts, representing a cost-effective source of funding for banks in facilitating the financing of real estate loans and public sector loans. It is active in more than twenty different European countries and growing at the rate of 20% annually outside the European Economic Area. Following these trends, the European Commission has identified new set of building blocks for the Capital Markets Union to enhance more efficient cross-border investments accross the EU that could support the real economy and job creation. One of these policy measures concerns a regulatory proposal for the European Covered Bond, to be harmonized on the EU level. Based on the analysis of secondary data, this paper aims to serve two purposes. First, it is to disentangle the effects of the proposed EU covered bonds legislation on the European financial system. Second, to research potential benefits and costs for the Central and Eastern European financial markets with regard to harmonisation of the European covered bonds legislation at the EU level.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija, Pravo
