The MiFID Revolution

The MiFID Revolution PDF Author: Jean-Pierre Casey
Publisher: Cambridge University Press
ISBN: 9781139475822
Category : Law
Languages : en
Pages : 244

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Book Description
The Market in Financial Instruments Directive (MiFID) is nothing short of a revolution. Introduced on 1 November 2007, it will have a profound, long-term impact on Europe's securities markets. It will see banks operating as exchanges for certain activities, offering alternative execution services that more closely resemble the structure of over-the-counter markets, and will lead to the decentralisation of order execution in an array of venues previously governed by concentration rules. Crucially, MiFID will also have a profound impact on the organisation and business strategies of investment firms, exchanges, asset managers and other financial markets intermediaries. Until now, analysis has focused on the directive's short term implementation issues. This book focuses on the long term strategic implications associated with MiFID, and will be essential reading for anybody who recognises that their firm will need to make constant dynamic readjustments in order to remain competitive in this challenging new environment.

The MiFID Revolution

The MiFID Revolution PDF Author: Jean-Pierre Casey
Publisher: Cambridge University Press
ISBN: 0521518636
Category : Business & Economics
Languages : en
Pages : 241

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Book Description
An in-depth understanding of this new EU directive, with aspects and implications for the different business lines in financial markets.

The Behavioural Finance Revolution

The Behavioural Finance Revolution PDF Author: Riccardo Viale
Publisher: Edward Elgar Publishing
ISBN: 1788973062
Category : BUSINESS and ECONOMICS
Languages : en
Pages : 269

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Book Description
Financial markets are complex. Regulators strive to predict ways in which they can malfunction and create rules to prevent this from happening, yet behavioural impacts are often overlooked. This book explores how behavioural finance can go hand-in-hand with traditional methods to help banks and regulators create better policies. It also demonstrates how the behavioural finance revolution has opened the way to a more integrated approach to the analysis of economic phenomena.

The Oxford Handbook of Financial Regulation

The Oxford Handbook of Financial Regulation PDF Author: Niamh Moloney
Publisher: OUP Oxford
ISBN: 0191510874
Category : Law
Languages : en
Pages : 796

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Book Description
The financial system and its regulation have undergone exponential growth and dramatic reform over the last thirty years. This period has witnessed major developments in the nature and intensity of financial markets, as well as repeated cycles of regulatory reform and development, often linked to crisis conditions. The recent financial crisis has led to unparalleled interest in financial regulation from policymakers, economists, legal practitioners, and the academic community, and has prompted large-scale regulatory reform. The Oxford Handbook of Financial Regulation is the first comprehensive, authoritative, and state of the art account of the nature of financial regulation. Written by an international team of leading scholars in the field, it takes a contextual and comparative approach to examine scholarly, policy, and regulatory developments in the past three decades. The first three parts of the Handbook address the underpinning horizontal themes which arise in financial regulation: financial systems and regulation; the organization of financial system regulation, including regional examples from the EU and the US; and the delivery of outcomes and regulatory techniques. The final three Parts address the perennial objectives of financial regulation, widely regarded as the anchors of financial regulation internationally: financial stability, market efficiency, integrity, and transparency; and consumer protection. The Oxford Handbook of Financial Regulation is an invaluable resource for scholars and students of financial regulation, economists, policy-makers and regulators.

Regulated Exchanges

Regulated Exchanges PDF Author: Larry Harris
Publisher: OUP USA
ISBN: 019977272X
Category : Business & Economics
Languages : en
Pages : 401

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Book Description
Regulated Exchanges is a volume of essays on the historical contribution of exchanges to the world's economic growth, milestones in the history of exchanges, and the competitive landscape and future prospects of regulated exchanges.

The MiFID Revolution

The MiFID Revolution PDF Author: Jean-Pierre Casey
Publisher:
ISBN: 9780511765193
Category : Electronic book
Languages : en
Pages : 228

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Book Description
An in-depth understanding of this new EU directive, with aspects and implications for the different business lines in financial markets.

Entrepreneurship, Institutional Framework and Support Mechanisms in the EU

Entrepreneurship, Institutional Framework and Support Mechanisms in the EU PDF Author: Nikolaos Apostolopoulos
Publisher: Emerald Group Publishing
ISBN: 1839099844
Category : Business & Economics
Languages : en
Pages : 166

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Book Description
Entrepreneurship, Institutional Framework and Support Mechanisms in the EU sheds light on the important and yet crucially under-explored interactions between entrepreneurship, institutions and support mechanisms within the EU.

The Future of Banking

The Future of Banking PDF Author: Chris Skinner
Publisher: John Wiley & Sons
ISBN: 9780470512852
Category : Business & Economics
Languages : en
Pages : 210

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Book Description
The world of banking is changing dramatically as a result of regulation, technology and society. New developments in the past three years include advances in regulatory change, the impact of China and India; from the latest technologies to impact bank services, to the latest experiments with a cashless society. The Future of Banking in a Globalised World provides an entertaining yet informative look at the world of banking and chronicles the radical changes that have occurred in the industry over the past three years. Renowned analyst and international speaker, Chris Skinner assesses the trends that have occurred during the past three years and looks at predictions for the future of banking. Issues discussed include: • The impact of emerging markets such as China and India • Regulatory changes including Europe’s Financial Services Action Plan, MiFID, SEPA, as well as the impact of Basel II and Sarbanes-Oxley • The latest technologies to impact Bank services from algorithmic trading through Web 2.0 • The displacement of Cash and Cards through Contactless, Mobile and Biometric Payments

The Alternative Investment Fund Managers Directive

The Alternative Investment Fund Managers Directive PDF Author: Dirk Zetzsche
Publisher: Kluwer Law International B.V.
ISBN: 9403509155
Category : Law
Languages : en
Pages : 1042

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Book Description
In the ten years since its coming into force, the Alternative Investment Fund Managers Directive (AIFMD), with almost EUR 7 trillion assets under management in its remit, has become an important piece of European regulation complementing the Undertakings for Collective Investment in Transferable Securities (UCITS) and the Markets in Financial Instruments (MiFI) frameworks. This third edition of the most comprehensive and in-depth analysis of the AIFMD and its related European investment fund legislation (including the European Venture Capital Fund Regulation, the European Social Entrepreneurship Fund Regulation, the European Long-Term Investment Fund Regulation and the European Money Market Fund Regulation among others) brings together fund industry experts, fund supervisors, consultants, lawyers and academics to discuss the content and system of the directive from every angle, including its relation not only to the UCITS and MiFI frameworks but also to pension funds, the Sustainable Finance Disclosure Regulation, the Securitization Regulation and the Cross Border Funds Distribution Directive and Regulation, as well as related pieces of tax regulation at the European level. Further, the third edition emphasizes the function of such factors in the financial services value chain as the following: the AIFMD’s approach to robo-advisors; digital asset funds; infrastructure investments in the context of real estate and sustainable investments; risk management; transparency; and impact on alternative investment strategies. Five country reports, focusing on the European Union’s five most important financial centres for alternative investment funds, deal with the potential interactions among the AIFMD and the relevant laws and regulations of France, Germany, Luxembourg, Ireland and The Netherlands. This thoroughly updated edition elaborates on potential difficulties encountered when applying the directive and provides potential solutions to the problems it raises. The book is sure to be warmly welcomed by fund lawyers and consultants, investors and their counsels, fund managers, depositaries, asset managers and administrators, as well as regulators and academics in the field.

QFINANCE: The Ultimate Resource, 4th edition

QFINANCE: The Ultimate Resource, 4th edition PDF Author: Bloomsbury Publishing
Publisher: A&C Black
ISBN: 184930064X
Category : Business & Economics
Languages : en
Pages : 6938

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Book Description
QFINANCE: The Ultimate Resource (4th edition) offers both practical and thought-provoking articles for the finance practitioner, written by leading experts from the markets and academia. The coverage is expansive and in-depth, with key themes which include balance sheets and cash flow, regulation, investment, governance, reputation management, and Islamic finance encompassed in over 250 best practice and thought leadership articles. This edition will also comprise key perspectives on environmental, social, and governance (ESG) factors -- essential for understanding the long-term sustainability of a company, whether you are an investor or a corporate strategist. Also included: Checklists: more than 250 practical guides and solutions to daily financial challenges; Finance Information Sources: 200+ pages spanning 65 finance areas; International Financial Information: up-to-date country and industry data; Management Library: over 130 summaries of the most popular finance titles; Finance Thinkers: 50 biographies covering their work and life; Quotations and Dictionary.

The Future of Investing

The Future of Investing PDF Author: Chris Skinner
Publisher: John Wiley & Sons
ISBN: 9780470517116
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
The Markets in Financial Instruments Directive (MiFID) is the biggest change programme Europe’s capital markets have ever attempted. It takes all the protection away from Europe’s Stock Exchanges and forces investment banks, brokers and dealers to guarantee best execution. The organisational, process and technology changes demanded by the MiFID are massive. In order to understand these challenges, industry commentator Chris Skinner has gathered the views of Europe’s leading figures in the MiFID community to discuss its implications. From an introduction from the European Business School and European Commission, through the views of leaders in the key constituencies of MiFID Connect and the MiFID Joint Working Group, through to organisations supporting the markets such as Reuters and SWIFT, this book provides a 360-degree perspective of the world of investing in Europe’s markets after the MiFID implementation. Anyone who has anything to do with dealing, trading and investing in European equities and instruments will find this book an essential guide to the markets now and into the future. With this book as their guide, readers will understand: • The key MiFID business issues • How to implement the directive • How it will affect the markets once it comes into force