The course deals with the fundamental principles of European regulation of capital markets, focusing on the main chapters of securities markets, issuers and financial intermediaries.
The course covers the institutional aspects (EU legislative framework and processes, EU and national supervisory authorities), the public law regulation strategies (e.g., access to markets, disclosure, sanctions) and the private law elements of regulation (e.g., rules of conduct, corporate governance, private enforcement), with the aim to provide students with a background on the following main topics: (i) functioning of the EU market infrastructures; (ii) law and economics of information theory and market abuses; (iii) access of issuers to capital markets; (iv) regulation of investment services; (v) regulation of investment funds; (vi) financial regulation on crypto-assets; (vii) sustainability issues in capital markets regulation.
The course covers the institutional aspects (EU legislative framework and processes, EU and national supervisory authorities), the public law regulation strategies (e.g., access to markets, disclosure, sanctions) and the private law elements of regulation (e.g., rules of conduct, corporate governance, private enforcement), with the aim to provide students with a background on the following main topics: (i) functioning of the EU market infrastructures; (ii) law and economics of information theory and market abuses; (iii) access of issuers to capital markets; (iv) regulation of investment services; (v) regulation of investment funds; (vi) financial regulation on crypto-assets; (vii) sustainability issues in capital markets regulation.
scheda docente
materiale didattico
o R. Veil (ed), European Capital Markets Law (3rd edition, 2022), Hart Publishing
Fruizione: 20110691 Capital Markets in Scienze Giuridiche in Diritto, Banca e Finanza LM/SC-GIUR R Maugeri Marco
Programma
Il corso fornisce un'analisi approfondita del quadro giuridico che disciplina i mercati dei capitali in Europa. Tratta il contesto normativo, le istituzioni chiave e gli strumenti giuridici significativi che determinano il funzionamento dei mercati dei capitali all'interno dell'Unione Europea. Il corso mira a fornire agli studenti una comprensione completa dei principi, delle norme e delle pratiche che sono alla base del diritto europeo dei mercati dei capitali.Testi Adottati
N. Moloney, EU Securities and Financial Markets Regulation (4th edition, 2023), Oxford EU Law Library, or in alternativeo R. Veil (ed), European Capital Markets Law (3rd edition, 2022), Hart Publishing
Modalità Frequenza
In presenzaModalità Valutazione
Gli studenti saranno sottoposti a un esame finale orale, in presenza. La partecipazione attiva alla discussione in classe sarà presa in considerazione ai fini del voto.