Role ECB v dohledové činnosti finančního trhu EU

The thesis focuses on the supervisory activities of the financial market in the EU. The first chapter describes the pre-crisis development of supervision and the issue of its unification in the EU. The second chapter explains the necessary changes in the supervisory architecture in the aftermath of the financial crisis, the monitoring of systemic risk and the ECB's involvement in banking supervision within the SSM. The third chapter analyses the shortcomings of the current supervisory approach. The main shortcoming relates to different national approaches to the regulation and supervision of non-bank lenders, the absence of reliable data on the volume of lending provided via FinTech platforms and the associated risk of false positive macro-prudential policies. The last chapter discusses the different types of stress tests and briefly compares the differences in the macro-prudential testing models of the ECB and the CNB.