The European Monetary Union

The European Monetary Union PDF Author: Helmut Siekmann
Publisher: Bloomsbury Publishing
ISBN: 1509918981
Category : Law
Languages : en
Pages : 1529

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Book Description
This book provides a commentary on the law of the EU related to the Monetary Union. It contains a comprehensive analysis of all provisions of the Statute of the European System of Central Banks (ESCB) and the European Central Bank (ECB). In addition, the book also analyses all provisions of the Treaties themselves which regulate the ESCB and the ECB. This analysis is supplemented by commentaries on other Protocols which contain relevant rules for the Monetary Union. In essence, all relevant statutory rules governing the euro and its key monetary authority, the European Central Bank, are unfolded and explained in one volume. This gives the book a unique position in the legal literature on the law of the EU. With contributions by renowned academics and practitioners, this book is an expanded and updated translation of the 2013 German commentary, EWU Kommentar zu Europäischen Währungsunion (Mohr Siebeck) and is an invaluable resource for practitioners and academics alike who are looking for a provision-by-provision commentary on the laws governing the European Monetary Union.

The European Monetary Union

The European Monetary Union PDF Author: Helmut Siekmann
Publisher: Bloomsbury Publishing
ISBN: 1509918981
Category : Law
Languages : en
Pages : 1529

Get Book Here

Book Description
This book provides a commentary on the law of the EU related to the Monetary Union. It contains a comprehensive analysis of all provisions of the Statute of the European System of Central Banks (ESCB) and the European Central Bank (ECB). In addition, the book also analyses all provisions of the Treaties themselves which regulate the ESCB and the ECB. This analysis is supplemented by commentaries on other Protocols which contain relevant rules for the Monetary Union. In essence, all relevant statutory rules governing the euro and its key monetary authority, the European Central Bank, are unfolded and explained in one volume. This gives the book a unique position in the legal literature on the law of the EU. With contributions by renowned academics and practitioners, this book is an expanded and updated translation of the 2013 German commentary, EWU Kommentar zu Europäischen Währungsunion (Mohr Siebeck) and is an invaluable resource for practitioners and academics alike who are looking for a provision-by-provision commentary on the laws governing the European Monetary Union.

ESCB Legal Conference 2018

ESCB Legal Conference 2018 PDF Author:
Publisher:
ISBN: 9789289934138
Category :
Languages : en
Pages :

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Book Description


Digitalisation, Sustainability, and the Banking and Capital Markets Union

Digitalisation, Sustainability, and the Banking and Capital Markets Union PDF Author: Lukas Böffel
Publisher: Springer Nature
ISBN: 3031170776
Category : Business & Economics
Languages : en
Pages : 439

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Book Description
This book covers three topics that have dominated financial market regulation and supervision debates: digital finance, sustainable finance, and the Banking and Capital Markets Union. Within the first part, seven chapters will tackle specific questions arising in digital finance, including but not limited to artificial intelligence, tokenisation, and international regulatory cooperation in digital financial services. The second part addresses one of humanity’s most pressing issues today: the climate crisis. The quest for sustainable finance is driven by political actors and a common understanding that climate change is a severe threat. As financial institutions are a cornerstone of human interaction, they are in the regulatory spotlight. The chapters explore sustainability in EU banking and insurance regulation, the interrelationship between systemic risk and sustainability, and the ‘greening’ of EU monetary policy. The third part analyses two projects that have led to huge structural changes in the European financial market architecture over the last decade: the European Banking Union and Capital Markets Union. This transformation has raised numerous legal questions that can only gradually be answered in all their intricacies. In four chapters, this book examines composite procedures, property rights of depositors in banking resolution, preemptive financing arrangements and the phenomenon of subsidiarisation in the context of Brexit. Of interest to academics, policymakers, practitioners, and students in the field of EU financial regulation, banking law, securities law, and regulatory law, this book offers a compilation of analyses on pressing banking and capital markets law problems.

The New European Central Bank: Taking Stock and Looking Ahead

The New European Central Bank: Taking Stock and Looking Ahead PDF Author: Thomas Beukers
Publisher: Oxford University Press
ISBN: 0192644688
Category : Law
Languages : en
Pages : 481

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Book Description
The European Central Bank (ECB) was first introduced in the European legal order on the occasion of the Treaty of Maastricht (1992). An official EU institution which is governed by EU law, the ECB of modern times differs vastly from its inception in 1998, which manifests in three main ways: monetary policy options, consideration of concerns other than low inflation in its policy-making, and its role in the Banking Union. This edited collection offers a retrospective and prospective account of the ECB, charting its evolution in detail with chapters written by leading academics and practitioners. Part 1 examines the substantive changes to monetary policy introduced by the ECB as a consequence of the financial and sovereign debt crisis by considering their legal basis. Part 2 moves beyond monetary policy by shifting to the new roles that the ECB has been called upon to play, notably in banking supervision and resolution. Parts 3 and 4 deal with transformations to inter- and intra-institutional relations, and take stock of these transformations, reflecting on the nature of the ECB of current times and which direction it could be heading in the future. The authors analyse the most salient and controversial elements of the ECB's crisis response, including unconventional monetary policy measures and the ECB's risk management strategy. Beyond monetary policy, the book further examines the role played by objectives such as financial stability and environmental sustainability, the ECB's relationship to the Lender of Last Resort function, as well as its new responsibilities in the Banking Union.

ESCB Legal Conference 2018

ESCB Legal Conference 2018 PDF Author:
Publisher:
ISBN: 9789289934138
Category :
Languages : en
Pages :

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Book Description


Judicial Review in the European Banking Union

Judicial Review in the European Banking Union PDF Author: Chiara Zilioli
Publisher: Edward Elgar Publishing
ISBN: 1800373201
Category : Law
Languages : en
Pages : 659

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Book Description
This is the first book to offer a profound, practical analysis of the framework for the judicial and pre-judicial protection of rights under the supranational banking supervision and resolution powers in the European Banking Union (EBU). It is also unique in its in-depth commentary on the developing case law from the European Court of Justice in this new field of EU litigation.

Equivalence in Financial Services

Equivalence in Financial Services PDF Author: Francesco Pennesi
Publisher: Springer Nature
ISBN: 3030992691
Category : Business & Economics
Languages : en
Pages : 276

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Book Description
Equivalence in Financial Services offers a comprehensive and cross-industry examination of the rules and procedures under EU financial legislation dedicated to third-country market actors. The equivalence regime has become particularly topical after Brexit, as the United Kingdom is now a third country from the perspective of the European Union. This book investigates whether the current equivalence system is fit for its purpose, namely facilitating cross-border finance while minimizing as extensively as possible financial risks. After describing how the European Commission adopts equivalence measures, the book examines the implementation of the equivalence regime for the following entities: Credit Rating Agencies, Benchmarks, Trading Venues, Investment Firms, Investment Funds, Central Securities Depositories, Trade Repositories, and Central Counterparties. Addressing the most recent policy and legal developments, Equivalence in Financial Services provides an insightful guide into this complex area of financial regulation for scholars of financial regulation, legal practitioners, and policy makers.

Institutional Challenges in the European Union

Institutional Challenges in the European Union PDF Author: Madeleine O. Hosli
Publisher: Routledge
ISBN: 1134528957
Category : Political Science
Languages : en
Pages : 295

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Book Description
The European Union (EU) is a continuously evolving entity. Starting with six member states in the late 1950s, the EU currently encompasses fifteen states of Western Europe. It is expected to almost double in size in the near future, however, taking in a number of states located in Central and Eastern Europe, in addition to Cyprus and Malta. This dramatic increase has lead to an intensive debate on how the institutions of the EU should be adapted in order to cope with this growth. This book addresses the challenges that EU enlargement and institutional change imply for various policy fields, such as EU trade policy, agriculture and monetary policy in the framework of European economic and monetary union. It will be of interest to economists and political scientists seeking an up-to-date overview of institutional challenges facing the European Union

European Economic Governance after the Eurozone and COVID-19 Crises

European Economic Governance after the Eurozone and COVID-19 Crises PDF Author: Ioannis Papadopoulos
Publisher: Cambridge Scholars Publishing
ISBN: 1527579042
Category : Political Science
Languages : en
Pages : 330

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Book Description
The COVID-19 health crisis came as a tremendous shock to the world, and to the EU more particularly, only a few years after the Eurozone crisis. The pandemic exacerbated the old structural differences in the economic models between the South and the North of Europe. However, this time, the response of the EU was of a completely different nature: an impressive array of fiscal and monetary policy instruments was mobilized to counteract the shock of the pandemic and to restore confidence. Is there reason to be optimistic in these times of uncertainty? This volume explores possible answers to this question, bringing together several renowned European intellectuals and experts from the fields of economics, law, and public policy to offer their thoughts. The book will stimulate discussion on the quality of institutions and growth sustainability, and contains ideas on the future of Europe and the reorganization of European economic governance. It analyzes the basic fiscal and monetary policy tools used by the EU to tackle the Eurozone and COVID-19 pandemic crises. Several aspects of the EU Banking Union and possible structural reforms of the banking sector are also discussed, as is the role of Credit Rating Agencies as tools of economic prediction.

Central Banks and Financial Markets

Central Banks and Financial Markets PDF Author: Dieter Gerdesmeier
Publisher: Frankfurt School Verlag
ISBN: 3956472012
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
Financial markets exercise an enormous influence over modern economies and it is certainly not exaggerated to say that central banks are among the most important actors in financial markets. At the same time, central banks closely monitor the signals and the overall situation in financial markets, often trying to avoid the worst when the situation becomes fragile. The structure of this book aims at presenting the key concepts of the financial sphere in an accessible and easy-to-read format. Starting from the very basics, the book discusses markets, instruments, and processes before presenting them in an overall framework. The latter helps to understand how the various parts interact and relate to the whole. Numerous examples and end-of-chapter summaries add to a better understanding of the concepts used. The book is targeted towards students interested in the world of finance and monetary policy. Both authors have spent decades in the practice of central banking and financial markets and can look back on a long tradition of very successful teaching activities