Legal Accountability in Eu Markets for Financial Instruments

The Dual Role of Investment Firms
Erscheinungsjahr 2022
ISBN: 978-0-19-284928-1
Verlag: Sydney University Press

Buch, Englisch, 368 Seiten, Format (B × H): 162 mm x 241 mm, Gewicht: 708 g

The proper functioning of the EU financial market is protected by public actors - both national and supranational - responsible for rulemaking and supervision of investment firms and other private actors. At the same time the effectiveness of the EU legal system requires vigilance from private actors such as investment firms but also their clients, invoking their rights before national authorities and courts. This means that investment firms have a dual role within
the system, turning them into subjects of control and enforcement but also agents in the maintenance of the rule of law.

Legal Accountability in EU Markets for Financial Instruments brings together a group of scholars with expertise from different legal disciplines but a shared interest for the EU internal market and the way it develops. It integrates a modern study of the form and function of EU rulemaking in the internal market after the financial crisis. The book includes an evaluation of core aspects of rulemaking in the financial market and that way
provides a cross-cutting treatment of EU law. The focus of the book is set on the regulatory framework in MiFIDII and MiFIR and thematic questions around legal mechanisms for accountability and the role of investment firms in the operation of those mechanisms. It further discusses the implications for EU law and the EU legal system and gives readers a
thorough understanding of the concept of accountability through its own findings.

Autoren/Hrsg.

Bergström, Carl Fredrik

Strand, Magnus

Fachgebiete

• Rechtswissenschaften Internationales Recht und Europarecht Internationales Recht Internationales Handels-, Wirtschafts- und Gesellschaftsrecht
• Rechtswissenschaften Wirtschaftsrecht

Über Autor(innen)

Carl Fredrik Bergström is Professor of European Law at Uppsala University. He has a background as researcher at the European University Institute in Florence, lecturer at Stockholm University and Head of Legal Research, later Director, at SIEPS, the Swedish Institute for European Policy Studies. His primary areas of expertise are EU constitutional law and rulemaking systems, comparative constitutional law and legal methods.

Magnus Strand is Associate Professor of European Law and Director of Research in law and business at the Department of Business Studies, Uppsala University. Work for this book was carried out as part-time professor at the Robert Schuman Centre for Advanced Studies at the European University Institute. His research is in EU law and civil law, and in the intersection of law and business studies.