MAJOR DRIVERS OF THE PUBLIC POLICY AND FINANCE RESPONSES FOR EU BANK MERGERS AND ACQUISITIONS EVIDENCE FROM THE BANK MARKET CONCENTRATION

Abstract

In the context of the accelerated financial integration, M & A is seen as carriers of the process. Multiple types of activities related to the facilitation of crossborder M & A are provided in the "Financial Services Action Plan". Since M & A is the carrier of the process of integration of financial processes as well as the process of globalization, the "Financial Services Action Plan" refers mostly to the M & A's regulatory process and control to ensure normal market competition. Thus, the third objective of the "Financial Services Action Plan" refers to the provision of prudential rules regarding the control and supervision of banks. The factors on which the rules depend on M & A and how they apply will deserve special attention in order to achieve the normal market functioning of M & A. Of course, M & A can be directly or indirectly affected by other objectives of the "Financial Services Action Plan" that require the provision of a
secure and integrated market with identical game rules.