LEADER 04645nam 2200565 450 001 9910412146003321 005 20230126215048.0 010 $a1-83910-112-1 035 $a(CKB)4100000011384403 035 $a(MiAaPQ)EBC6317794 035 $a(UtOrBLW)eep9781839101120 035 $a(oapen)https://directory.doabooks.org/handle/20.500.12854/48787 035 $a(EXLCZ)994100000011384403 100 $a20210113d2020 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aGoverning finance in Europe $ea centralisation of rulemaking? /$fAdrienne He?ritier, Magnus G. Schoeller 210 1$aNorthampton :$cEdward Elgar Publishing,$d2020. 215 $a1 online resource (222 pages) $cillustrations 311 $a1-83910-111-3 320 $aIncludes bibliographical references and index. 327 $aContents: 1. Governing finance in Europe: A centralisation of rule-making? / Adrienne He?ritier and Magnus G. Schoeller -- vertical research perspective: European legislation in the context of international agreements -- 2. Mifid ii between European rule-making and national market surveillance: The case of high-frequency-trading / Johannes Karremans and Magnus G. Schoeller -- 3. The internal and external centralisation of capital markets union regulatory structures: The case of central counterparties / Fabio Bulfone and Agnieszka Smolenska -- 4. The choice of instrument in EU legislation: Mapping the system of governance under mifid ii and mifir / Magnus Strand -- horizontal international perspective: Rival financial regulatory powers -- 5. Sharing global regulatory space: Transatlantic coordination of the g20 otc derivatives reforms / Heikki Marjosola -- hybrid governance perspective: Public and private regulation -- 6. The emergence of transnational hybrid governance: How private risks trigger public intervention / Johannes Karremans and Adrienne He?ritier -- technological innovation perspective -- 7. The impacts of technological innovation on regulatory structure: Fintech in post-crisis Europe / Agnieszka Smolenska, Joseph Ganderson and Adrienne He?ritier -- 8. Governing finance in Europe: Discussion and conclusion / Adrienne He?ritier -- Index. 330 $a"How do regulatory structures evolve in EU financial governance? Incorporating insights from a variety of disciplines, Governing Finance in Europe provides a comprehensive framework to investigate the dynamics leading to centralisation, decentralisation and fragmentation in EU financial regulation. Offering a comprehensive and generalizable theoretical account of regulatory centralisation, this book combines theoretical approaches from political science, law, sociology and economics to trace centralisation in EU financial governance. Contributors build on a rich political science and legal literature and offer empirical analyses of major EU legislative packages in financial regulation, including the Markets in Financial Instruments Directive II (MiFID II) and Capital Markets Union (CMU). This book systematically identifies and examines the forces and counter-forces on regulatory centralisation. It also offers conjectures as to who benefits from the regulation and how decision-makers are held politically and legally accountable. Featuring contributions from internationally renowned scholars, this book is key reading for academics working in finance and financial policies, particularly those investigating European politics, regulation and regional integration. It will also be of interest to practitioners and policymakers, as chapters provide unique insights into the real-world implications of financial regulation"--$cProvided by publisher. 606 $aEconomic policy 606 $aInternational relations 607 $aEuropean Union countries$xEconomic policy 607 $aEuropean Union countries$xFinance 610 $aMarkets in Financial Instruments Directive II (MiFID II) 610 $aEuropean Union 610 $aFinTech 610 $aCapital Markets Union 610 $aRegulation 610 $afinancial governance 615 0$aEconomic policy. 615 0$aInternational relations. 676 $a343.2407 700 $aMagnus G. Schoeller$4auth$01372099 702 $aSchoeller$b Magnus G. 702 $aWindhoff-He?ritier$b Adrienne$f1944- 712 02$aEdward Elgar Publishing, 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910412146003321 996 $aGoverning finance in Europe$93402056 997 $aUNINA