This paper by Peter Dunne explores the reasons why European sovereign bond markets have developed such a high degree of segmentation and considers how this structure could be alt
This policy brief examines the evolution of the hedge fund industry, the industry’s structure and the prospect of regulatory steps looming on the horizon.
The opening-up of the market for equity market data raises the question of whether data will be sufficiently consolidated and of high enough quality post-MiFID, or whether it wil
This regulatory commentary argues that as the EU is bringing more competition in securities markets with the implementation of the MiFID directive, and the adoption by the settle
This regulatory comment by Arman Khatchaturyan argues that EC policy-makers have tried to make equiproportional representation nearly an aphorism tied to corporate egalitarian se
This ECMI Policy Brief attempts to contribute to the ongoing policy debate on MiFID art.
Jean-Pierre Casey and Karel Lannoo paint a portrait of the likely EU securities market landscape post-MiFiD.
Jean-Pierre Casey argues that UCITS ought to move to a risk-based approach as opposed to relying on the product approach.
As the European Commission is currently in the process of preparing its White Paper on the enhancement of the EU framework for investment funds (scheduled for November 2006), now
Based on a sample of 15 European countries, this survey by Jean-François Gajewski and Carole Gresse analyses various features of the European IPO (Initial Public Offering) market
In this regulatory commentary ECMI's Chiel Officer Karel Lannoo comments on the Commission’s decision to solely impose a code of conduct for the Clearing and Settlement Industry
The proposal by the European Commission (EC) to establish shareholder democracy and mandate the one-share-one-vote (1S1V) rule has drawn much attention and controversy.