Capitalmarkets in the age
Cross-Border Transactions, Listed Companies and Regulation
1st Edition
Published on 1. March 2002
Book
Hardback
640 pages
978-90-411-1737-3 (ISBN)
Description
The integration of European--indeed, global--capital markets has been under way for quite some time. However, the adoption of the single European currency crystallises the process, solving many old problems at the same time as it creates new challenges.
In this wide-ranging book, 28 notable practitioners and academics--including economists, regulators, and lawyers--pool their prodigious resources to analyse the current and future issues affecting investment, conduct of business rules, stock exchanges, trading, and company law.
Originally designed as a research project, this finished work was developed from individual research and first drafts through group discussion to a final interconnected achievement. Since the authors met at a conference in Genoa in November 2000 on the initiative of four major European law faculties, a number of pertinent regulatory developments have taken place, notably the Lamfalussy Report and the adoption of various proposals by the European Commission. Analysis of the impact of such recent and ongoing events has been incorporated into this final text.
Among other significant matters affecting capital markets, the authors discuss the following:
conflict of laws issues;
on-line trading;
clearing and settlement systems;
takeovers; and
relevant soft law.
As an authoritative guide to the likely development of investment practices, regulatory measures, and financial and company law in the coming years, this volume is unmatched for its penetrating analysis and prognosis. No investor, company lawyer, or regulator can afford to leave it unexamined.
In this wide-ranging book, 28 notable practitioners and academics--including economists, regulators, and lawyers--pool their prodigious resources to analyse the current and future issues affecting investment, conduct of business rules, stock exchanges, trading, and company law.
Originally designed as a research project, this finished work was developed from individual research and first drafts through group discussion to a final interconnected achievement. Since the authors met at a conference in Genoa in November 2000 on the initiative of four major European law faculties, a number of pertinent regulatory developments have taken place, notably the Lamfalussy Report and the adoption of various proposals by the European Commission. Analysis of the impact of such recent and ongoing events has been incorporated into this final text.
Among other significant matters affecting capital markets, the authors discuss the following:
conflict of laws issues;
on-line trading;
clearing and settlement systems;
takeovers; and
relevant soft law.
As an authoritative guide to the likely development of investment practices, regulatory measures, and financial and company law in the coming years, this volume is unmatched for its penetrating analysis and prognosis. No investor, company lawyer, or regulator can afford to leave it unexamined.
More details
Product info
GB
Language
English
Place of publication
Zuidpoolsingel
Netherlands
Target group
College/higher education
Professional and scholarly
Research
Edition type
New edition
Dimensions
Height: 229 mm
Width: 152 mm
Thickness: 25 mm
Weight
1142 gr
ISBN-13
978-90-411-1737-3 (9789041117373)
Schweitzer Classification
Other editions
Additional editions
Guido Ferrarini | Klaus J. Hopt
Capital Markets in the Age of the Euro
Cross-Border Transactions, Listed Companies and Regulation
E-Book
12/2003
Kluwer Law International
€331.99
Available for download
Content
Preface. List of Contributors. List of Abbreviations. Part I: The Internal Market and Investor Protection.
1. Financial Services and the Internal Market
D. O'Keeffe, N. Carey.
2. Investor Protection and the Treaty: An Uneasy Relationship
N. Moloney. Part II: Conduct of Business.
3. Conduct of Business Rules and their Implementation in the EU Member States
M. Tison.
4. The Sophisticated Investor and the ISD
J. Welch.
5. Conduct of Business Rules and Collective Investment Schemes
F. Annunziata. Part III: Financial Services and the Internet.
6. Trading On-line and the Protection of the Consumer
G. Alpa.
7. Is the E-Commerce Directive the Best Solution to Achieving an Integrated Internal Market in Financial Services? C. Biancheri.
8. Jurisdiction, Conflicts of Law and the Internet
W. Blair, D. Quest. A Comment
L. G. Radicati do Brozolo. Part IV: Exchange Governance.
9. Customer-Controlled Firms: The Case of Financial Exchanges
C. Di Noia.
10. Different Stock Exchange Interest Groups
S. Kalss.
11. Is Governance an Issue for Plumbers? Preliminary Remarks on Consolidation of Securities Settlement Systems
G. Sabatini, I. Tarola. Part V: Transnational Markets.
12. Securities Regulation and the Rise of the Pan-European Securities Markets: An Overview
G. Ferrarini.
13. Regulatory Implications of an Exchange Merger
S. Bergstrasser.
14. The Performance of European Stock Exchanges: Evidence from Listing Decisions
M. Pagano.
15. Internationalisation of Primary Public Securities Markets Revisited
H. S. Scott.
16. Cross-Border Financial Transactions:
25 Questions to Consider in Making Risk Management Decisions
A. M. Corcoran.
17. The European Directive of
19 May
1998 on Settlement Finality in Payment and Securities Settlement Systems
D. Devos. Part VI: Cross-Border Takeovers.
18. The Duties of the Directors of the Target Company in Hostile Takeovers-German and European Perspectives
K. J. Hopt.
19. Takeovers and the Conflict of Laws
A. K. Schnyder.
20. The 13th Directive on Takeover Bids--Formation and Principles
P. Lambreacht. Part VII: Company Law and Jurisdictional Competition.
21. The Use of ICT in Company Law Matters
E. Wymeersch.
22. Centros and the Proper Law of Companies
P. Behrens.
23. The Centros Case and the Rise of an EC Market for Corporate Law
F. Munari, P. Terrile.
24. Regulatory Competition in European Company Law-Some Different Genius? Index.
1. Financial Services and the Internal Market
D. O'Keeffe, N. Carey.
2. Investor Protection and the Treaty: An Uneasy Relationship
N. Moloney. Part II: Conduct of Business.
3. Conduct of Business Rules and their Implementation in the EU Member States
M. Tison.
4. The Sophisticated Investor and the ISD
J. Welch.
5. Conduct of Business Rules and Collective Investment Schemes
F. Annunziata. Part III: Financial Services and the Internet.
6. Trading On-line and the Protection of the Consumer
G. Alpa.
7. Is the E-Commerce Directive the Best Solution to Achieving an Integrated Internal Market in Financial Services? C. Biancheri.
8. Jurisdiction, Conflicts of Law and the Internet
W. Blair, D. Quest. A Comment
L. G. Radicati do Brozolo. Part IV: Exchange Governance.
9. Customer-Controlled Firms: The Case of Financial Exchanges
C. Di Noia.
10. Different Stock Exchange Interest Groups
S. Kalss.
11. Is Governance an Issue for Plumbers? Preliminary Remarks on Consolidation of Securities Settlement Systems
G. Sabatini, I. Tarola. Part V: Transnational Markets.
12. Securities Regulation and the Rise of the Pan-European Securities Markets: An Overview
G. Ferrarini.
13. Regulatory Implications of an Exchange Merger
S. Bergstrasser.
14. The Performance of European Stock Exchanges: Evidence from Listing Decisions
M. Pagano.
15. Internationalisation of Primary Public Securities Markets Revisited
H. S. Scott.
16. Cross-Border Financial Transactions:
25 Questions to Consider in Making Risk Management Decisions
A. M. Corcoran.
17. The European Directive of
19 May
1998 on Settlement Finality in Payment and Securities Settlement Systems
D. Devos. Part VI: Cross-Border Takeovers.
18. The Duties of the Directors of the Target Company in Hostile Takeovers-German and European Perspectives
K. J. Hopt.
19. Takeovers and the Conflict of Laws
A. K. Schnyder.
20. The 13th Directive on Takeover Bids--Formation and Principles
P. Lambreacht. Part VII: Company Law and Jurisdictional Competition.
21. The Use of ICT in Company Law Matters
E. Wymeersch.
22. Centros and the Proper Law of Companies
P. Behrens.
23. The Centros Case and the Rise of an EC Market for Corporate Law
F. Munari, P. Terrile.
24. Regulatory Competition in European Company Law-Some Different Genius? Index.