VALUES OF THE EUROPEAN FINANCIAL SPACE
This paper aims to analyze the perspective of the European financial space which should allow the professional intermediaries – the credit establishments, the insurance companies or investment services, to propose their services to the entire community of customers. Actually, here are considered the...
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| Format: | Article |
| Language: | English |
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Nicolae Titulescu University Publishing House
2011-04-01
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| Series: | Challenges of the Knowledge Society |
| Subjects: | |
| Online Access: | http://cks.univnt.ro/uploads/cks_2011_articles/index.php?dir=01_law%2F&download=cks_2011_law_art_075.pdf |
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| author | NICU DURET MONICA POCORA GINA LIVIOARA GOGA |
| author_facet | NICU DURET MONICA POCORA GINA LIVIOARA GOGA |
| author_sort | NICU DURET |
| collection | DOAJ |
| description | This paper aims to analyze the perspective of the European financial space which should allow the professional intermediaries – the credit establishments, the insurance companies or investment services, to propose their services to the entire community of customers. Actually, here are considered the traditional banking services, such as those that provide insurance, especially those relating to life insurance.The access to regulated markets, it takes place in the perspective of this financial space, especially after coming into circulation of Euro coin. It should be insight, that the access to these markets, often requires the using of intermediaries. We can not speak about the existence of the financial space, without the freedom of action of these professional intermediaries. Concerning the freedom of these services, we can say that they depend on the movement of capital, and the movement capital is engaged since the directive of May 11, 1966, and subsequently is required after the June 24, 1988 and was confirmed by the Maastricht Treaty. Thus, we can discuss about the liberty of movement of capital, through angle the coordination of national legislation in matters of banks, the insurance and the investment services through a significant number of directives adopted. Nowadays, the European financial space is overtake, the EU borders and the internationalization of operations is require the extensive possible legal framework of application, also all the directives issued in matters of banks and insurance are covered by Annex VIII of the Agreement on the European Financial Space. The agreement also provides the interdictions of restrictions or discrimination concerning the movements of capital. As a consequence, the study is approach both to aspects concerning the European financial space and the interdictictions of restrictions or discrimination concerning the movements of capital. |
| format | Article |
| id | doaj-art-0aea783ef7c04b37b3ba7173f954e534 |
| institution | Kabale University |
| issn | 2068-7796 |
| language | English |
| publishDate | 2011-04-01 |
| publisher | Nicolae Titulescu University Publishing House |
| record_format | Article |
| series | Challenges of the Knowledge Society |
| spelling | doaj-art-0aea783ef7c04b37b3ba7173f954e5342025-01-02T03:12:47ZengNicolae Titulescu University Publishing HouseChallenges of the Knowledge Society2068-77962011-04-011-704709VALUES OF THE EUROPEAN FINANCIAL SPACENICU DURETMONICA POCORAGINA LIVIOARA GOGAThis paper aims to analyze the perspective of the European financial space which should allow the professional intermediaries – the credit establishments, the insurance companies or investment services, to propose their services to the entire community of customers. Actually, here are considered the traditional banking services, such as those that provide insurance, especially those relating to life insurance.The access to regulated markets, it takes place in the perspective of this financial space, especially after coming into circulation of Euro coin. It should be insight, that the access to these markets, often requires the using of intermediaries. We can not speak about the existence of the financial space, without the freedom of action of these professional intermediaries. Concerning the freedom of these services, we can say that they depend on the movement of capital, and the movement capital is engaged since the directive of May 11, 1966, and subsequently is required after the June 24, 1988 and was confirmed by the Maastricht Treaty. Thus, we can discuss about the liberty of movement of capital, through angle the coordination of national legislation in matters of banks, the insurance and the investment services through a significant number of directives adopted. Nowadays, the European financial space is overtake, the EU borders and the internationalization of operations is require the extensive possible legal framework of application, also all the directives issued in matters of banks and insurance are covered by Annex VIII of the Agreement on the European Financial Space. The agreement also provides the interdictions of restrictions or discrimination concerning the movements of capital. As a consequence, the study is approach both to aspects concerning the European financial space and the interdictictions of restrictions or discrimination concerning the movements of capital.http://cks.univnt.ro/uploads/cks_2011_articles/index.php?dir=01_law%2F&download=cks_2011_law_art_075.pdfFinancial SpaceEuropean Unionrightsinvestmentscapital |
| spellingShingle | NICU DURET MONICA POCORA GINA LIVIOARA GOGA VALUES OF THE EUROPEAN FINANCIAL SPACE Challenges of the Knowledge Society Financial Space European Union rights investments capital |
| title | VALUES OF THE EUROPEAN FINANCIAL SPACE |
| title_full | VALUES OF THE EUROPEAN FINANCIAL SPACE |
| title_fullStr | VALUES OF THE EUROPEAN FINANCIAL SPACE |
| title_full_unstemmed | VALUES OF THE EUROPEAN FINANCIAL SPACE |
| title_short | VALUES OF THE EUROPEAN FINANCIAL SPACE |
| title_sort | values of the european financial space |
| topic | Financial Space European Union rights investments capital |
| url | http://cks.univnt.ro/uploads/cks_2011_articles/index.php?dir=01_law%2F&download=cks_2011_law_art_075.pdf |
| work_keys_str_mv | AT nicuduret valuesoftheeuropeanfinancialspace AT monicapocora valuesoftheeuropeanfinancialspace AT ginalivioaragoga valuesoftheeuropeanfinancialspace |