This Research Handbook provides a critical examination of the landscape of EU securities law, including crypto-markets, financial innovation and the Capital Markets Union. It explores the enforcement of EU securities regulation ies and related instruments, such as the EU Takeover Regulation.
Leading specialists discuss the full length and breadth of the subject, from the history and theory of securities regulation to emerging challenges such as those posed by crypto-assets and crypto-markets. They consider mandatory disclosure, short-selling regulation and growth markets, shedding light on the regulatory framework governing the investment and disclosure requirements of environmental, social and governance assets. The Research Handbook also stands back and considers lawmakers attempts to establish coherent regulation that enables financial innovation in an increasingly technology-driven industry, alongside discussions about the value of shareholder activism and the debate between public and private enforcement mechanisms.
The Research Handbook on EU Securities Law is an essential reference for scholars and students of financial law and European law. Its forward-thinking insights will also greatly benefit practising lawyers and industry stakeholders in the field of securities.
Arvustused
This volume of carefully researched essays provides a thoughtful guide to the new legislative framework for crypto-assets and green finance as well as the recent reforms to EU securities and financial market regulation. The collection assembled by Paolo Giudici and Joseph McCahery will appeal to scholars and regulators. -- Randall S. Thomas, Vanderbilt Law School, USA
Contents
Table of abbreviations and legislation ix
Table of cases xxvii
Table of legislation and analogous instruments xxxi
Introduction: Research Handbook on EU Securities Law 1
Paolo Giudici and Joseph A. McCahery
PART I SECURITIES REGULATION: HISTORY, THEORY AND
POLICY
1 Crypto-assets and securities regulation 10
Valeria Barbaresi and Paolo Giudici
PART II OFFERINGS, MARKET INFORMATION AND TRADING
VENUES
2 EU prospectus regulation 87
Pierre Schammo
3 Information in secondary markets 110
Stefano Lombardo
4 Short selling 141
Stefano Lombardo
5 The effectiveness of trading venues in facilitating small and
medium-sized enterprise growth: an examination of liquidity and
regulatory oversight 162
Mark Fenwick and Erik P.M. Vermeulen
PART III SUSTAINABLE FINANCE: INFORMATION AND
INVESTMENT
6 Investment services and the risks of sustainable finance 178
Andrea Perrone and Andrea Cardani
7 Institutional investors, alternative asset fund managers, and ESG 199
Joseph A. McCahery, Paul Pudschedl and Martin Steindl
8 Institutional investor engagement and sustainable finance 243
Gaia Balp and Giovanni Strampelli
9 Green digital assets: a comparative approach 272
Joseph A. McCahery and Riley Scott
PART IV DISCLOSURE AND TAKEOVERS
10 Blockholder disclosure, activism, and takeovers 308
Paolo Giudici
11 EU takeover regulation: some hot research topics 320
Peter Agstner
PART V ENFORCEMENT
12 Public vs private enforcement of securities regulation in Europe 354
Paolo Giudici and Joseph A. McCahery
Edited by Paolo Giudici, Professor of Business Law, Free University of Bozen-Bolzano, Italy and Joseph A. McCahery, Professor of International Economic Law Emeritus, Tilburg University, the Netherlands
Lisainfo e-raamatute kohta