Cross-Brder Issues of Securities Law: European Efforts to Support Securities Markets with a Coherent Legal Framework
This briefing provides the legal background understanding in respect of securities which are held through banks and other intermediaries necessary to access the highly complex area of cross-border securities law which is in between commercial-, insolvency- and property law. It also describes adjacent legislation and neighbouring international initiatives. As the relevant laws are heavily fragmented, the holding and transfer of such securities as well as the exercise of investor rights is cumbersome and sometimes legally uncertain. Lastly, the main mechanisms of the envisaged legislation are presented. Throughout the text, a number of crucial issues are explained that had been discussed controversially in the past.
Estudo
Síntese
Autor externo
Philipp PAECH (Department of Law, The London School of Economics and Political Science, the UK)
Sobre este documento
Tipo de publicação
Domínio de intervenção
Palavra-chave
- aproximação das legislações
- banco
- DIREITO
- direito civil
- direito comercial
- direito da União Europeia
- emissão de títulos
- estatuto jurídico
- FINANÇAS
- instituições financeiras e crédito
- INTERCÂMBIOS ECONÓMICOS E COMERCIAIS
- livre circulação de capitais
- política comercial
- propriedade de bens
- sociedade de investimento
- solvibilidade financeira
- UNIÃO EUROPEIA
- valores mobiliários