E-raamat: Alternative Acquisition Models and Financial Innovation: Special Purpose Acquisition Companies in Europe, and the Italian Legal Framework [Taylor & Francis e-raamat]

"This is the first book in English on SPACs in the context of European and Italian Financial Law, introducing the topic with a general overview at the European level. It is also the first book on the European financial regulation of SPACs. As such, it isa ground-breaking reference book for SPAC studies, at the international level. It offers the most comprehensive overview of the current international financial regulation of SPACs in the European Union and the United Kingdom (U.K.) against the main legalsystem where SPAC originates: the United States (U.S.). The edited book is focusing on finding a European legal framework for SPACs by discovering whether the Alternative Investment Fund Managers Directive (AIFMD) or the Undertakings for the Collective Investment in Transferable Securities Directive (UCITS) are applicable to them or not, and why; and identifying the objectives of financial regulation of SPACs both in the European Union, the U.S. and the U.K.. Essentially, the edited collection explores soft law and self-regulation instances against the State-based Westphalian approaches that are centred on hard law instances; describes practical examples of SPACs in Italy and Europe, and it analyses the limits and perspectives of such investment vehicleson the Italian Capital Market as well as their possible use as a form of shadow banking and venture companies at international level"--

This is the first book written in English on special purpose acquisition companies (SPACs) in the context of European and Italian financial law, introducing the topic with a general overview on the European stage. It is also the first book on European financial regulations of SPACs. As such, it is a groundbreaking reference text for SPAC studies at the international level.

Alternative Acquisition Models and Financial Innovation: Special Purpose Acquisition Companies in Europe, and the Italian Legal Framework

offers the most comprehensive overview of the current international financial regulations of SPACs in the EU and UK compared to the main legal system where SPACs originated—the US. This edited book is focused on finding a European legal framework for SPACs by discovering whether the Alternative Investment Fund Managers Directive (AIFMD) or the Undertakings for the Collective Investment in Transferable Securities Directive (UCITS) are applicable to them and why, as well as identifying the objectives of financial regulation of SPACs in the EU, US and UK.

Essentially, the edited collection explores soft law and self-regulation instances against the state-based Westphalian approaches centred on hard law instances; describes practical examples of SPACs in Italy and Europe; and analyses the limits and perspectives of such investment vehicles on the Italian capital market as well as their possible uses as forms of shadow banking and venture companies at international levels.

This is the first book in English on SPACs in the context of European and Italian Financial Law, introducing the topic with a general overview at the European level. It is also the first book on the European financial regulation of SPACs. As such, it is a ground-breaking reference book for SPAC studies, at the international level.