Structuring Securities Regulation in the European Union - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Structuring Securities Regulation in the European Union write by Donald C. Langevoort. This book was released on 2005. Structuring Securities Regulation in the European Union available in PDF, EPUB and Kindle. Politics aside, the question of whether the EU should create an SEC is about the trade-offs between scale and accountability. This paper considers that trade-off in the U.S. context, with specific attention the SEC's apparent role as a quot;globalquot; securities regulator on matters relating to issuer disclosure. The principal claim is that in making enforcement decisions, there will likely be a quot;home biasquot; toward domestic enforcement actions that makes extraterritorial actions less likely, thus reducing the incentives to comply. To the extent that this is typical of regulatory behavior, then there may be lessons for Europeans considering the question of institutional design. More broadly, the paper also considers some of the institutional features that make SEC enforcement policy what it is, which may or may not be exportable (or which policy makers in Europe may not want to import) to the European context.
Securities market regulation in the EU
Securities market regulation in the EU - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Securities market regulation in the EU write by Karel Lannoo. This book was released on 2004. Securities market regulation in the EU available in PDF, EPUB and Kindle.
Comparing European and U.S. Securities Regulations
Comparing European and U.S. Securities Regulations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Comparing European and U.S. Securities Regulations write by Tanja Boskovic. This book was released on 2010-01-12. Comparing European and U.S. Securities Regulations available in PDF, EPUB and Kindle. This paper, aimed at professionals, scholars, and government officials in the field of securities regulations, compares the European (specifically the Market in Financial Instruments Directive MiFID) and U.S. securities regulations. The analysis focuses on the regulatory and supervisory framework, trading venues, and the provision of investment services. We show that although there may be regional differences in the structure and rules of current securities regulation, the objectives and some outcomes of regulation are comparable. Similarly, as the current global financial and economic crisis exposed gaps in securities regulations worldwide, regulators in both regions face similar challenges. This study will be particularly useful for World Bank member countries that are looking at either the European or U.S. regulations when conducting market reforms.
Regulating and Supervising European Financial Markets
Regulating and Supervising European Financial Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Regulating and Supervising European Financial Markets write by Mads Andenas. This book was released on 2016-08-16. Regulating and Supervising European Financial Markets available in PDF, EPUB and Kindle. The book analyses the institutions of the European financial market supervision and the challenges of financial markets. The current European supervisory structure for financial markets represents a major development in European supervisory history. Its operation however has to be explored and analysed critically. Has it gone far enough to provide a sufficiently comprehensive and resilient system to reduce or mitigate systemic risks and handle financial crises? Some claim it has gone too far already. Fresh and rigorous critical legal and economic analysis from an independent scholarly perspective are needed to assess whether the institutional design of the European supervisory architecture has proved itself to be an efficient and effective model. This book discusses many dimensions of the structure and workings of the European system from various angles providing different dimensions. The book makes an important contribution to the limited literature on financial market supervision.
Financial Regulation in the European Union After the Crisis
Financial Regulation in the European Union After the Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financial Regulation in the European Union After the Crisis write by Domenica Tropeano. This book was released on 2018-01-12. Financial Regulation in the European Union After the Crisis available in PDF, EPUB and Kindle. In the wake of the financial crisis, new regulatory measures were introduced which, along with changes in monetary and macroeconomic policy, have transformed the global financial structure. However, this new financial structure displays various fragilities. A new shadow banking system has grown both inside and outside the traditional banks and the divergence between core and periphery countries’ banks has increased further due to both the new regulations and the European Central Bank’s very peculiar interventions. Following Minsky’s approach, this volume explores the interplay between monetary policy, regulation and institutions in the aftermath of the great financial crisis. Minsky’s insights are used to interpret the recent regulatory changes and consider how they have affected the evolution of banks and financial markets. The unfortunate conclusion is that the changes in financial regulation introduced in various jurisdictions and inspired by the work of the Basel Committee, have not succeeded in thwarting the instability of the economic system. Instead, the mix of policies implemented so far has brought about increased fragility in the financial system. Minksy’s work on financial stability offers alternative solutions which policy-makers need to consider to resolve these issues. Financial Regulation in the European Union After the Crisis is an important volume for those who study political economy, banking and monetary economics.
