Equivalence in Financial Services: A Legal and Policy Analysis

Equivalence in Financial Services examines the EU's rules and procedures for third-country market actors, particularly after Brexit, and whether they are fit for their purpose. It covers Credit Rating Agencies, Benchmarks, Trading Venues, Investment Firms, Investment Funds, Central Securities Depositories, Trade Repositories, and Central Counterparties.

Format: Paperback / softback
Length: 265 pages
Publication date: 25 April 2023
Publisher: Springer Nature Switzerland AG

Equivalence in Financial Services delves into a comprehensive and multi-industry exploration of the regulations and procedures under EU financial legislation specifically tailored for third-country market actors. The significance of this equivalence regime has heightened in the aftermath of Brexit, as the United Kingdom has transitioned into a third country from the perspective of the European Union. This book aims to assess the effectiveness of the current equivalence system in facilitating cross-border finance while minimizing financial risks to the utmost extent possible.

The book begins by providing an in-depth account of how the European Commission implements equivalence measures. Subsequently, it delves into the practical application of the equivalence regime for a diverse range of entities, including Credit Rating Agencies, Benchmarks, Trading Venues, Investment Firms, Investment Funds, Central Securities Depositories, Trade Repositories, and Central Counterparties. By staying abreast of the most recent policy and legal developments, Equivalence in Financial Services offers valuable insights into this intricate domain of financial regulation for scholars, legal practitioners, and policymakers alike.

Weight: 381g
Dimension: 210 x 148 (mm)
ISBN-13: 9783030992712
Edition number: 1st ed. 2022