EU Securities and Financial Markets Regulation

EU Securities and Financial Markets Regulation provides a comprehensive, critical, and contextual account of the intricate rulebook that governs EU financial markets and its supporting institutional arrangements. It has been refined and administrative rulemaking has expanded, and the Capital Markets Union agenda has developed. ESMA has emerged as a decisive influence on EU financial markets governance.

Format: Hardback
Length: 992 pages
Publication date: 06 April 2023
Publisher: Oxford University Press

Since the global financial crisis rocked EU financial markets and sparked extensive reforms, EU securities and financial markets regulation has undergone a continuous evolution. The legislative framework has been refined, and administrative rulemaking has expanded. Alongside, the Capital Markets Union agenda has developed, the UK has left the EU, and ESMA has emerged as a pivotal force in shaping EU financial markets governance. These developments, along with the COVID-19 pandemic, have significantly shaped the regulatory landscape and the organization of supervision.

EU Securities and Financial Markets Regulation offers a comprehensive, critical, and contextual analysis of the intricate rulebook that governs EU financial markets and its supporting institutional arrangements. It provides an assessment of how the regime has evolved since the global financial crisis, considering various aspects such as post-crisis reforms to key legislative measures, the significant expansion of administrative rulemaking and soft law, the Capital Markets Union agenda, the development of supervisory convergence as a means of organizing pan-EU supervision, and ESMA's role in EU financial markets governance.

The book's coverage spans a wide range of topics, including capital-raising, the Prospectus Regulation, financial market intermediation, the MiFID II/MiFIR and IFD/IFR regimes, the new regulatory frameworks adopted since the global financial crisis (including for benchmarks and their administrators), retail market regulation, the PRIIPs Regulation, and the EU's third-country regime and the implications of the UK's departure from the EU. This fourth edition of the highly successful and authoritative monograph, originally published as EC Securities Regulation, has undergone extensive revisions to reflect the latest developments and changes in the field.

In conclusion, EU Securities and Financial Markets Regulation is a valuable resource for scholars, practitioners, policymakers, and anyone interested in understanding the complex regulatory framework that governs EU financial markets. It provides a comprehensive and up-to-date account of the evolution, reforms, and key developments in this field, offering insights into the challenges and opportunities facing the EU's financial markets in the years to come.

Weight: 1838g
Dimension: 182 x 255 x 59 (mm)
ISBN-13: 9780198844877
Edition number: 4 Revised edition