Journal of Accounting and Management Information Systems (JAMIS)

Trans-frontiers financial investment services

15/2006 ,   p171..176


Keywords:   law, trans-frontiers financial investment services, Romania, community legislation

The study deals with the trans-frontiers financial investment services from the Romanian law withheld solutions perspective, regarding the circumstances in which the intermediaries, under the Romanian law, may perform financial investment service activities in a Member State of the European Union. After the presentation of the community legislation and the community controversies, as well as the regime applicable to the non-EU intermediaries, the Romanian settlement is presented for the trans-frontiers related financial investment services. The main point of the study states that, according to the Romanian law, de lege lata, a Romanian financial investment service provider may assume the transactional orders to devolve them for execution to an intermediary in Member State of the European Union, as well as to offer consultancy services to its clients regarding transactional financial instruments on a settled market of an EU Member State.