Implementation and effects of the post-crisis banking regulations in European Union

The recent financial crisis has exposed to weaknesses the area of banking regulation and supervision, and has also showed the need for their amendment at the supranational level well as at the national level. Cooperation in the development of new regulatory principles and coordination of supervisory at the international level is an important task to achieve. Paper takes the issue of post-crisis regulation of the banking sector, their theoretical bases and practical expressions. In particular, it focuses on the regulatory reaction of the European Union after the crisis from 2008 to 2014. Was revealed the process of implementation of the The Basel Accords in european law, and then to the countries laws. The model of a new architecture of banking supervision in the European Union was also presented. The main part of this paper is dedicated to the project of the Union banking, by creating a framework to deepen Economic and Monetary Union in the EU. It was presented the structure, objectives and competences of Union banking, as well as the controversy around its implementation. The aim of the research paper is to analyze the process of implementation of the post-crisis banking regulations in European Union. As well as define the effects of introducing the post-crisis banking regulations f or european banks