Nadzór finansowy w Unii Europejskiej

Financial supervision in the European Union

Abstract

The European Union in its area by creating a single financial market has raised new risks. They resulted, inter alia, of financial market activity, conducted in freely throughout the EU (which is manifested above all the freedom to transfer payments and capital). The crisis, which took place in 2007-2009 has exposed many weaknesses and vulnerabilities in the financial supervision of the European Union. He showed that the risks were not detected in time and supervision was not effective. Therefore, to prevent such situations in the future, a new concept / structure of the European financial supervision. Its task is to act in a coordinated and effective way to detect threats in time to respond effectively. This article attempts to present the importance of financial supervision in the context of the functioning of the European Union.