Investičné služby vo svetle novej právnej úpravy EU

Abstract

The European Parliament and the Council adopted new legal amendment on investment services with the aim to establish complete and well functioning system for the operations with the financial instruments without reference to the trade methods. The legal amendment should also secure the high quality and the overall effectiveness of the European Financial System. This Directive signifies a turning point in the area of investment banking and services and symbolizes a new generation of organised trade systems. The aim of Directive is the creation of integrated financial market on which the investors are effectively protected and the establishment of common regulation requirements concerning the investment companies. Above all this Directive should secure the transparency in the financial relations and proper functioning of the European Financila system as a whole. This Directive refers to the investment companies and regulated markets. Onwards it relates to the credit institutions, with an approval in the meaning of the Directive 2000/12/EC and which provide investment services or execute investment activities.