Abstract
The aim of the study is to analyze the impact of new European regulations, which include: Capital Requirements Package IV Directive, Capital Requirements Regulation, banking union and capital union on the market in Poland. Special attention was paid to the impact of the new regulations on the banking sector in Poland and the small- and medium-sized enterprises. Poland, as an EU member state, is obliged to implement the guidelines presented in the Capital Requirements Package IV Directive, Capital Requirements Regulation, while as far as banking union is concerned, it has the possibility to join it on the basis of close cooperation. The capital union has not been established so far; therefore, it is not possible to talk about its real impact on the market in Poland; however, it is possible to predict the potential effects of its establishment. The article consists of five main parts covering the following issues: characteristics of the European financial market, introduction of new European regulations concerning financial market, analysis of the impact of new regulations on the banking sector in Poland and analysis of the impact of new regulations on the sector of small- and medium-sized enterprises in Poland. The author argues that the new European regulations increase the stability of the banking sector in Poland and access of small- and medium-sized enterprises to capital.KeywordsEUPolandBanking SectorSMEsCapital UnionBanking UnionCRD/CRR package
Published Version
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