European Capital Markets Law

This user-friendly, fully updated new edition continues to systematise the European law governing capital markets and examines the underlying concepts from a broadly interdisciplinary perspective. The third edition deals with three central developments: the project of the capital markets union; sustainable finance; and the further digitalisation of financial instruments and securities markets.
The first chapter deals with the foundations of capital markets law in Europe, the second explains the basics, and the third examines the regime on market abuse. Chapter four explores the disclosure system and chapter five the roles of intermediaries, such as financial analysts, rating agencies and proxy advisers. Short selling and high frequency trading is described in chapter six. Chapter seven deals with financial services and compliance requirements for investment firms. Chapter eight illustrates the regulation of benchmarks. Finally, chapter nine deals with public takeovers.
Throughout the book emphasis is placed on legal practice, and frequent reference is made to the key decisions of supervisory authorities and courts. This book is essential reading for students involved in the study of capital markets law and financial law.