Study of the Regulatory Model in Europe and Ways of its Transformation

The existing in Europe regulatory model showed its inability and impossibility to realise traditional mechanisms of regulation of the financial market under conditions of the changing economic paradigm due to the financial crisis. The article studies the principle of partition of the fiscal and credit policy of the European Union and control over performance of banking obligations, which would allow singling out strong and weak sides of the existing regulatory model. It analyses the mechanism of regulation, on the basis of which the ways of change of the structure of the existing system of regulation are formed. Synthesis of the shown ways allowed construction of an organisational model of regulation of the financial market on the basis of the four-peak model.