Date: 2017
Type: Thesis
Supervisory convergence on the EU Capital Markets Union : a new incentive for strengthening the supervisory architecture
Florence : European University Institute, 2017, EUI, LAW, LLM Thesis
VAN STRAALEN, Jens Marlon, Supervisory convergence on the EU Capital Markets Union : a new incentive for strengthening the supervisory architecture, Florence : European University Institute, 2017, EUI, LAW, LLM Thesis - https://hdl.handle.net/1814/49345
Retrieved from Cadmus, EUI Research Repository
It is no secret that the financial crisis of 2008 has had a great impact on the regulatory landscape in the European Union (‘EU’ or ‘Union’). As a result of the deep economic impact the financial crisis, the EU has set out over the past years to pass a wide scale of regulatory reform in the financial sector that was meant to close loopholes in legislation and address weaknesses in the financial systems more recently however a shift in emphasis has taken place to not only restore investor confidence through regulatory repair of the legislative framework, but also to make the financial system more resilient, and focus on economic growth an important step in this process is the creation of a Capital Markets Union (‘CMU’) for the EU. Jean-Claude Juncker, the president of the European Commission (‘Commission’), introduced this project as an important policy in his agenda of political guidelines for his Commission this project would introduce a true and genuine single market for capital across all 28 Member States in September 2015, the Commission set out a wide range of legislative objectives in order to establish the CMU in building the CMU, the Commission revises existing legislation in order to harmonize standards, or introduces new legislative proposals. More recently, in June 2017 the Commission evaluated the CMU project in its mid-term review, and underlined the necessity of the CMU project once more, as well as its intention to continue and advance its CMU policy and law making.
Additional information:
Award date: 22 November 2017; Supervisor: Professor Stefan Grundmann, European University Institute
Cadmus permanent link: https://hdl.handle.net/1814/49345
Full-text via DOI: 10.2870/365351
Series/Number: EUI; LAW; LLM Thesis
Publisher: European University Institute
LC Subject Heading: Capital market -- Law and legislation -- European Union countries; Securities -- European Union countries