In this paper are presented the main elements relating to the organisation of the capital market in our country. Thus, it is analyzed the system of Bucharest Stock Exchange (BVB), at the Sibiu Monetary Financial and Commodities Exchange (SMFCE), the Central Depository, as well as that of the...

Starting with the second half of the previous century the financial markets became a basic component of the word economic system. To notice the fact that, during the mentioned period, the value and the complexity of the transactions involving financial instruments kept on increasing, the...

This paper aims to present how to quantify the minimum capital requirement for operational risk using three approaches proposed by the Basel Committee to identify optimal allocation of capital, given that until recently to this risk has been allocated a minimum attention, considering that it has...

In this article we analyze and present the steps that banks should take in implementingthe proposed regulations by the Basel Committee in order to create the necessary framework for theoperational risk management. Therefore the first part is an introduction where we explain the basiceffects of...

During the year 2006, the evolution of the capital market in Romania recorded an accelerated rhythm of development and consolidation. This trend has been generated and supported by the steady efforts meant to line up with the European standards as the prospects of the adhesion to the European...