Ferrarini Guido — Investor Protection in Europe: Regulatory Competition and Harmonization, 2006 год


Автор статьи: admin / 3 просмотров
Investor Protection in Europe: Regulatory Competition and Harmonization - Ferrarini Guido

Oxford University Press / —
— Analyses the topical issue of investor protection in Europe from the perspectives of both capital markets and company law
— Offers a broad and coherent examination of the effects of regulatory competition versus harmonization
EU policy in the area of corporate governance and capital markets is being reoriented. Harmonization is less frequently seen as a concept in company law; regulatory competition is on the rise; and experiments in soft law are being carried out. Several Member States have recently reformed their corporate laws, wither as a reaction to financial scandals or in an effort to enhance investment. Convergence has increased as a result, particularly towards Anglo-American standards. Yet differences still exist, profoundly rooted in national systems of corporate governance. By contrast, capital markets law would seem to be an exception, having undergone intense harmonization in the last few years through the Lamfalussy regulatory architecture. Nonetheless, a European system of securities regulation is not yet in place. Regulation is predominantly domestic, while private laws affecting capital markets are still divergent.
This volume examines the ongoing debate from an interdisciplinary perspective. Part 1 explores the political determinants of corporate governance and evaluates likely convergence and the role of regulatory competition. Part 2 considers the Markets in Financial Instruments Directive (MIFID) and its central role in harmonizing EU securities trading. Part 3 analyzes the MiFID more deeply and explores other measures including the Prospectus and Transparency Directives. Part 4 offers future perspectives on the post-FSAP era.

ISBN: 9780199202911
твердый переплет, 544 стр.
Купить | Скачать | Читать онлайн

Поделитесь:
Оцените статью:
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Загрузка...

Tags: , , , , ,

Sorry, the comment form is closed at this time.