The Law of Capital Markets in the Eu: Disclosure and Enforcement

ISBN-13: 9781137518460 / Angielski / Miękka / 2018 / 314 str.

Konstantinos Sergakis

Opis

This authoritative textbook offers a thorough, theoretical and practical overview of the current EU legal framework applicable to capital markets. Ideal for upper-level undergraduate or graduate law students taking a module in Capital Markets Law, Securities Regulation, Corporate Finance Law or EU Company Law.

Spis treści

PART I: INTRODUCTION TO THE LAW OF CAPITAL MARKETS IN THE EU.- 1. The Foundations of the Law of Capital Markets in the EU.- 2. Markets, Participants and Financial Instruments.- 3. Supervision and Sanctions.- PARTII: LISTED COMPANIES AND DISCLOSURE OBLIGATIONS.- 4. Prospectus Disclosure Obligations.- 5. Periodic Disclosure Obligations.- 6. Episodic Disclosure Obligations.- 7. Transparency of Ownership Structures.- PART III: INAPPROPRIATE MARKET PRACTICES AND MARKET INTEGRITY.- 8. Insider Dealing.- 9. Market Manipulation.- 10. Short Selling.- PART IV: GATEKEEPERS.- 11. Investment Firms.- 12. Financial Analysts.- 13. Credit Rating Agencies.- 14. Proxy Advisors.

O autorze

Konstantinos Sergakis is Professor of Commercial Law at the University of Glasgow, and School International Lead for the University of Glasgow School of Law. He holds an LLB from the University of Athens, an LLM in International Business Law from University College London and a PhD from the University Paris 1 Panthéon-Sorbonne. 

Blurb

‘Perfectly combines a robust analysis of capital markets law with a clear explanation of the theoretical framework underpinning the most recent developments in financial regulation. A must-read for anyone – academic, student or practitioner – interested in capital markets law and its enforcement.’ – Carmine Di Noia, CONSOB Commissioner,   Italy

‘A major academic achievement covering important gaps in the literature and a valuable guide for navigating the theoretical and policy complexities of EU capital markets law. It also offers important insights into the enforcement of EU capital markets law, and the application of law and economic theory in specific contexts.’ – Emilios Avgouleas,   University of Edinburgh, UK

‘Provides an excellent and exhaustive overview of the EU legislation on securities markets. The book is very clearly written and allows the reader to get a quick understanding while avoiding unnecessary details. It should be useful for students and academics alike.’ – Pierre-Henri   Conac, University of Luxembourg, Luxembourg

This authoritative, advanced textbook offers theoretical and practical insight into the current EU legal framework as it applies to capital markets. It helps readers understand and critically analyse overall regulatory principles, and the interaction between market actors and EU  law.

The Law of Capital Markets in the EU:

• gives an overview of the foundations of EU capital markets
  
• discusses issuer disclosure obligations, inappropriate market practices and gatekeepers
  
• highlights the discrepancy between disclosure and enforcement and proposes their recalibration at the EU level.
  

Mainly focussing on EU law, some comparative analysis is also included, primarily related to UK, French and German laws. This aims to show gradual convergence between some national laws and, more generally, EU regulatory harmonization trends, which aim to increase the attractiveness of EU capital markets.

An ideal book for upper-level undergraduate or graduate students taking a module in Capital Markets Law, Securities Regulation, Corporate Finance Law, Financial Law or EU Company Law, as well as academics, policy makers and accounting, business or economics students who want to broaden their understanding of the subject.

Konstantinos Sergakis is Professor of Commercial Law at the University of Glasgow, UK.