Foundations of EU Capital Markets Law

Foundations of EU Capital Markets Law provides a comprehensive exploration of the law relating to EU capital markets, from its foundations as a marginal policy area to becoming a central feature of the EU’s economic and political architecture. Filippo Annunziata details the background of this area of EU law, the rationale for financial regulation, its supervisory architecture and its new frontiers.

Drawing on economic theory, regulatory practice and CJEU case law, the textbook covers the entire field of capital markets law in the EU. Chapters explore the historical and institutional evolution of this legislation, alongside key definitions and overarching objectives.

Key Features:

• Provides an accompanying bibliography to inspire further research
• Assesses core legislation such as MiFID II/MiFIR, UCITS, CSDR and SFTR
• Analyses regimes on transparency, market abuse, takeover bids and PRIIPs
• Introduces recent developments in sustainability, crowdfunding and digital finance
• Examines the factors limiting progress and those contributing to a more integrated and resilient financial system

This accessible textbook is a crucial resource for students of EU financial legislation and European law, as well as finance and banking law more broadly.