Abstract:

The paper addresses a theme that has undergone multiple regulatory changes in terms of legislation and approach. The new supervisory and regulatory framework is detailed in the paper along with the implications manifested at European level. 
The content is structured accurately, the whole concept being explained throughout the paper, namely the main regulatory requirements.
In my opinion the references are comprehensive and have been of real help to shape the topic. Also they are updated, being consulted only papers that have been recently edited. 
The language used is scientific yet comprehensible and the ideas follow a logical course.