Date: 2013
Type: Working Paper
The EU and IOSCO : an ever closer cooperation?
Working Paper, EUI LAW, 2013/02, European Regulatory Private Law Project (ERPL-04)
MARCACCI, Antonio, The EU and IOSCO : an ever closer cooperation?, EUI LAW, 2013/02, European Regulatory Private Law Project (ERPL-04) - https://hdl.handle.net/1814/26458
Retrieved from Cadmus, EUI Research Repository
The paper examines the International Organization of Securities Commissions (IOSCO), and it analyzes the role played by the European Union in the landscape of international finance. The aim is to test how far we can conceive of the EU as the heir to the traditional State rule-makers in the sphere of international financial soft-law. In order to do all this, we will first of all describe the historical context in which IOSCO was born, its legal nature, governance procedures and decision-making processes. Then, we will turn to look at the EU and its financial services law, its internal and external competence in order to understand the formal (and informal) role played by the EU in IOSCO. Finally, we will give an account of the quality and quantity of the implementation of IOSCO rules into EU Law of financial services. The result seems to suggest that the European Union is very likely to play an ever increasing role not only within IOSCO but also as a key actor on the global stage of international financial (soft-)law.
Cadmus permanent link: https://hdl.handle.net/1814/26458
ISSN: 1725-6739
Series/Number: EUI LAW; 2013/02; European Regulatory Private Law Project (ERPL-04)
Keyword(s): IOSCO Financial regulation Transnational law EU external relations International financial architecture
Grant number: FP7/269722
Sponsorship and Funder information:
The research leading to these results has received funding from the European Research Council under the European Union’s Seventh Framework Programme (FP/2007–2013) / ERC Grant Agreement n. [269722]
Files associated with this item
- Name:
- LAW_2013-02ERPL04reved.pdf
- Size:
- 1.101Mb
- Format:
- Description:
- Revised version: 29 July 2013