Transnational Securities Regulation : How it Works, Who Shapes it / by Antonio Marcacci.

Format:

Book

Author/Creator:

Marcacci, Antonio, author.

Series:

LCF Studies in Commercial and Financial Law, 2731-6610 ; 3

Language:

English

Subjects (All):

Conflict of laws.

International law.

Comparative law.

Law--Europe.

Law.

Trade regulation.

Private International Law, International and Foreign Law, Comparative Law.

European Law.

International Economic Law, Trade Law.

Local Subjects:

Private International Law, International and Foreign Law, Comparative Law.

European Law.

International Economic Law, Trade Law.

Physical Description:

1 online resource (518 pages)

Edition:

1st ed. 2023.

Place of Publication:

Cham : Springer International Publishing : Imprint: Springer, 2023.

Summary:

The book provides an analysis of the emergence, evolution, and transformation of transnational securities regulation and of the influences from and the interactions between global regulatory powers in the field. Combining insights from law and political science, the work employs a two-tier complementary "on-the-books" and "in-action” approach. The more classical "on-the-books" approach draws on scholarship in United States and European Union securities regulation; transnational regulation and global administrative law; regime complexity; global governance studies; and the regulatory production of the International Organisation of Securities Commissions (IOSCO). The law in-action approach leverages the author’s experience as Compliance senior professional in a multinational financial institution as well as research interviews with senior IOSCO staff. The author’s findings enable the reader to develop an original understanding of IOSCO, its standards, and its unique place in the transnational regulatory arena. They also challenge the doxa that the US are the only driving regulatory power in the securities area when in fact, other regulatory powers are emerging – for the time being, the EU. The balance has shifted and regulatory compromises are achieved at different points in the rule making process.

Contents:

Introduction

PART I Transnational Securities Regulation: How it Works

IOSCO: Evolution, Nature, and Governance

IOSCO in the International Financial Architecture

Standard-Making, Accountability, and Legitimacy

Combined Techniques for the Implementation of Securities Standards

A Mechanism for the Coordination of Cross-border Enforcement

PART II Transnational Securities Regulation: Who Shapes it

The Involvement of Regulatory Powers in IOSCO

Horizontal Standards: Harmonizing Principles and Conflicts of Securities Regulation

Vertical Standards Addressed to Public Authorities

Vertical Standards Addressed to Private Parties

Vertical Standards Set in Concert with Other Institutions

PART III Conclusions

Perspectives Around Transnational Securities Regulation.

Notes:

Includes bibliographical references.

Other Format:

Print version: Marcacci, Antonio Transnational Securities Regulation

ISBN:

9783031180637