EU Securities Regulation Reform
https://doi.org/10.24833/0869-0049-2010-2-125-141
Abstract
The article is devoted to various aspects of EU securities regulation reform inter alia the legislative Proposals of the Commission of September 2009 are reviewed. After brief outlook of the today’s system of securities regulation author considers reasons, nature and legal elements of the proposal to establish European Systemic Risk Board (ESRB) and European Securities and Markets Authority (ESMA). Consequently author draws several conclusions relating to the main trends of European securities markets development, particularly, that the Commission has proposed unprecedented level of interference in the powers of national securities regulators of the Member States.
About the Author
I. M. Lifshits
Russian Foreign Trade Academy;
EDAS Law Bureau
Russian Federation
Russian Federation
Ilya M. Lifshits - post-graduate student;
Partner
References
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4. EU Law, Josephine Steiner, Lorna Woods, Christian Twigg-Flesner, Oxford University Press, 2006.
5. Manning Gilbert Warren III, European Securities Regulation, Kluwer Law International, 2003.
Review
For citations:
Lifshits I.M. EU Securities Regulation Reform. Moscow Journal of International Law. 2010;(2):125-141. (In Russ.) https://doi.org/10.24833/0869-0049-2010-2-125-141
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