| Abstract [eng] |
Summary Licensing of the commercial banks as the a priori their activities risk reducing factor The primary objective of this master thesis is to examine authorization requirements of the credit institutions stated in the legal acts of the European Union, to analyse how the afore-mentioned requirements are transferred to the national legal acts of the Republic of Lithuania and to offer appropriate suggestions taking into consideration different practice of the chosen Member States. This master thesis consists of three sections: 1) Activities risk of the commercial banks and its anticipatory reduction by the authorization procedure. In this section of the master thesis author examines the conception of the activities risk of the commercial banks, clarifies its features and justifies its anticipatory reduction substantiality by the authorisation procedure; 2) Examination of the authorization requirements of the credit institutions stated in the legal acts of the European Union. The examination it is conducted consistently analysing the authorisation requirements beginning with the First banking directive and finishing with the authorisation requirements codifying directive 2006/48/EC of the European Parliament and the Council of 14 June 2006 relating to the taking up and pursuit of the business of the credit institutions (recast). The Single European Union Licence and obstacles of its implementation are the examination objects as well; 3) Transfer of the European Union authorization requirements to the national legal acts of the Republic of Lithuania, to the extent how they are related to the activities of the commercial banks of the Republic of Lithuania. In this section of the master thesis author analyses how the legislator of the Republic of Lithuania transferred afore-mentioned authorization requirements to the national legal acts. The master thesis is ended by giving summary of examined issues and presenting appropriate suggestions that are believed may cause positive influence on licensing process of the commercial banks in the Republic of Lithuania. |
