The Law of Capital Markets in the EU

This authoritative textbook offers a thorough, theoretical and practical overview of the current EU legal framework applicable to capital markets. It is intended to enable a critical analysis of the overall regulatory principles as well as the interaction between market actors and EU law which has shaped the regulatory agenda both at national and EU level. The book gives an overview of the foundations of EU capital markets and touches upon issuer disclosure obligations, inappropriate market practices and gatekeepers. EU law is the main focus, complemented by comparative analysis where applicable, primarily relating to UK, French and German laws.

Ideal for upper-level undergraduate or graduate law students taking a module in Capital Markets Law, Securities Regulation, Corporate Finance Law or EU Company Law. Also useful for accounting, business or economics MSc students who need to broaden their understanding of the legal aspects of capital markets, and for academics and policy makers.

Auteur

Konstantinos Sergakis is Professor of Commercial Law at the University of Glasgow, UK, and School International Lead for the University of Glasgow School of Law, UK.

Contenu

PART I: INTRODUCTION TO THE LAW OF CAPITAL MARKETS IN THE EU

1. The Foundations of the Law of Capital Markets in the EU
2. Markets, Participants and Financial Instruments
3. Supervision and Sanctions
   PART II: LISTED COMPANIES AND DISCLOSURE OBLIGATIONS
4. Prospectus Disclosure Obligations
5. Periodic Disclosure Obligations
6. Episodic Disclosure Obligations
7. Transparency of Ownership Structures
   PART III: INAPPROPRIATE MARKET PRACTICES AND MARKET INTEGRITY
8. Insider Dealing
9. Market Manipulation
10. Short Selling
    PART IV: GATEKEEPERS
11. Investment Firms
12. Financial Analysts
13. Credit Rating Agencies
14. Proxy Advisors.