EU Securities and
Financial Markets Regulation
di Niamh Moloney (Autore)
The Global Financial
Crisis has re-ordered how the EU intervenes in the EU financial market, both
with respect to regulation and with respect to supervision. After 5 years of a
behemoth reform agenda, the new landscape is now clear. Rule-making power has
decisively moved to the EU and radical reforms have been made to the organization
of supervision.
EU Securities and
Financial Markets Regulation provides the first comprehensive, critical, and
contextual account of the vast new rule-book which now applies to the EU
financial market in the aftermath of the seismic reforms which have followed
the financial crisis. Topics covered in-depth include the AIFMD, EMIR, the
Short Selling Regulation, the new market abuse and transparency regimes, the
rating agency regime, the UCITS IV-VI reforms, and MiFID II/MiFIR; the analysis
is wide-reaching, extending to secondary legislation and relevant soft law.
The book also examines the
far-reaching institutional changes which have followed and considers in detail
the role and impact of the European Securities and Markets Authority and the potential
impact of the Single Supervisory Mechanism for euro area banks on the
supervision of the EU financial market.
EU Securities and
Financial Markets Regulation is the third edition of the highly successful and
authoritative monograph first published as EC Securities Regulation. Almost
entirely recast and re-written from the 2008 second edition to reflect the
changes wrought by the Global Financial Crisis, it adopts the in-depth
contextual and analytical approach of earlier editions and so considers the
market, political, international, institutional, and constitutional context of
the new regulatory and supervisory regime, and the underlying forces which have
(and will continue to) shape it.
