Digital Finance In Europe Law Regulation And Governance

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Digital Finance in Europe: Law, Regulation, and Governance

Author : Emilios Avgouleas,Heikki Marjosola
Publisher : Walter de Gruyter GmbH & Co KG
Page : 291 pages
File Size : 44,5 Mb
Release : 2021-12-20
Category : Law
ISBN : 9783110749472

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Digital Finance in Europe: Law, Regulation, and Governance by Emilios Avgouleas,Heikki Marjosola Pdf

Global finance is in the middle of a radical transformation fueled by innovative financial technologies. The coronavirus pandemic has accelerated the digitization of retail financial services in Europe. Institutional interest and digital asset markets are also growing blurring the boundaries between the token economy and traditional finance. Blockchain, AI, quantum computing and decentralised finance (DeFI) are setting the stage for a global battle of business models and philosophies. The post-Brexit EU cannot afford to ignore the promise of digital finance. But the Union is struggling to keep pace with global innovation hubs, particularly when it comes to experimenting with new digital forms of capital raising. Calibrating the EU digital finance strategy is a balancing act that requires a deep understanding of the factors driving the transformation, be they legal, cultural, political or economic, as well as their many implications. The same FinTech inventions that use AI, machine learning and big data to facilitate access to credit may also establish invisible barriers that further social, racial and religious exclusion. The way digital finance actors source, use, and record information presents countless consumer protection concerns. The EU’s strategic response has been years in the making and, finally, in September 2020 the Commission released a Digital Finance Package. This special issue collects contributions from leading scholars who scrutinize the challenges digital finance presents for the EU internal market and financial market regulation from multiple public policy perspectives. Author contributions adopt a critical yet constructive and solutions-oriented approach. They aim to provide policy-relevant research and ideas shedding light on the complexities of the digital finance promise. They also offer solid proposals for reform of EU financial services law.

Data Governance in AI, FinTech and LegalTech

Author : Lee, Joseph,Darbellay, Aline
Publisher : Edward Elgar Publishing
Page : 320 pages
File Size : 41,7 Mb
Release : 2022-05-19
Category : Law
ISBN : 9781800379954

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Data Governance in AI, FinTech and LegalTech by Lee, Joseph,Darbellay, Aline Pdf

A comprehensive overview of the governance of urban infrastructures, this Companion combines illustrative cases with conceptual approaches to offer an innovative perspective on the governance of large urban infrastructure systems. Chapters examine the challenges facing urban infrastructure systems, including financial, economic, technological, social, ecological, jurisdictional and demand.

Digital Finance in Europe: Law, Regulation, and Governance

Author : Emilios Avgouleas,Heikki Marjosola
Publisher : Walter de Gruyter GmbH & Co KG
Page : 299 pages
File Size : 51,7 Mb
Release : 2021-12-20
Category : Law
ISBN : 9783110749519

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Digital Finance in Europe: Law, Regulation, and Governance by Emilios Avgouleas,Heikki Marjosola Pdf

Global finance is in the middle of a radical transformation fueled by innovative financial technologies. The coronavirus pandemic has accelerated the digitization of retail financial services in Europe. Institutional interest and digital asset markets are also growing blurring the boundaries between the token economy and traditional finance. Blockchain, AI, quantum computing and decentralised finance (DeFI) are setting the stage for a global battle of business models and philosophies. The post-Brexit EU cannot afford to ignore the promise of digital finance. But the Union is struggling to keep pace with global innovation hubs, particularly when it comes to experimenting with new digital forms of capital raising. Calibrating the EU digital finance strategy is a balancing act that requires a deep understanding of the factors driving the transformation, be they legal, cultural, political or economic, as well as their many implications. The same FinTech inventions that use AI, machine learning and big data to facilitate access to credit may also establish invisible barriers that further social, racial and religious exclusion. The way digital finance actors source, use, and record information presents countless consumer protection concerns. The EU’s strategic response has been years in the making and, finally, in September 2020 the Commission released a Digital Finance Package. This special issue collects contributions from leading scholars who scrutinize the challenges digital finance presents for the EU internal market and financial market regulation from multiple public policy perspectives. Author contributions adopt a critical yet constructive and solutions-oriented approach. They aim to provide policy-relevant research and ideas shedding light on the complexities of the digital finance promise. They also offer solid proposals for reform of EU financial services law.

Blockchain Regulation and Governance in Europe

Author : Michèle Finck
Publisher : Cambridge University Press
Page : 225 pages
File Size : 48,8 Mb
Release : 2018-12-20
Category : Business & Economics
ISBN : 9781108474757

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Blockchain Regulation and Governance in Europe by Michèle Finck Pdf

Finck examines the emergence of blockchains (and other forms of distributed ledger technologies) and the implications for regulation and governance.

Sustainable Finance in Europe

Author : Danny Busch,Guido Ferrarini,Seraina Grünewald
Publisher : Springer Nature
Page : 512 pages
File Size : 44,9 Mb
Release : 2021-07-05
Category : Business & Economics
ISBN : 9783030718343

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Sustainable Finance in Europe by Danny Busch,Guido Ferrarini,Seraina Grünewald Pdf

The aim of this edited volume is to bring together the views of expert academics and practitioners on the latest regulatory developments in sustainable finance in Europe. The volume includes a wide range of cutting-edge issues, which relate to three main themes along which the volume is structured: (1) corporate governance; (2) financial stability; and (3) financial markets. With individual contributions deploying different methods of analysis, including theoretical contributions on the status quo of macro-financial research as well as law and economics approaches, the collection encourages interdisciplinary readership and will appeal to those researching capital markets law, European financial law, and sustainable finance, as well as practitioners within the finance industry.

Fintech

Author : Jelena Madir
Publisher : Edward Elgar Publishing
Page : 584 pages
File Size : 48,6 Mb
Release : 2021-12-28
Category : Electronic
ISBN : 1800375948

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Fintech by Jelena Madir Pdf

This fully updated and revised second edition provides a practical examination of the opportunities and challenges presented by the rapid development of FinTech in recent years, particularly for regulators, who must decide how to apply current law to ever-changing concepts driven by continually advancing technologies. It addresses new legislative guidance on the treatment of cryptoassets and smart contracts, the European Commission's Digital Finance Strategy and FinTech Action Plan, as well as analysing significant recent case law. Key features of the second edition include: Discussion of the impact of Brexit and the Covid-19 pandemic on the development and adoption of FinTech products Detailed treatment of a broad spectrum of legal and regulatory issues in the FinTech sector, featuring insights from 33 experts from 10 countries Examination of potential blockchain applications in the financial services industry, with a focus on smart contracts and regulatory challenges to widespread adoption Analysis of the key legal, regulatory and compliance issues surrounding FinTech developments in banking, payments and fundraising, from patents and robo-advice to novel solutions for supporting innovation such as regulatory sandboxes. Offering a thorough guide to the sector for practical use, this book will be invaluable for in-house lawyers as well as law firms looking for an overview of the legal and regulatory landscape of FinTech. It will also be an essential text for academics and students looking to understand the key issues in the field, as well as those interested in perspectives across the breadth of the sector.

Data Governance in AI, FinTech and LegalTech

Author : Joseph Lee,Aline Darbellay
Publisher : Edward Elgar Publishing
Page : 336 pages
File Size : 54,5 Mb
Release : 2022-05-28
Category : Electronic
ISBN : 1800379943

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Data Governance in AI, FinTech and LegalTech by Joseph Lee,Aline Darbellay Pdf

Advocating for more standardised data governance practices and promoting the digital economy, Data Governance in AI, FinTech and LegalTech investigates the rationale, legal base and tools of data governance in the financial sector. This timely book makes a significant contribution to the debate around how rapidly-evolving digital finance practices should be regulated. Contributions from leading researchers examine a range of financial services, offering a comprehensive assessment of the available tools for constructing multi-layered matrix systems for data governance in the financial services sector. Chapters explore data governance in the cryptocurrency market, crypto-asset providers, legal services for mergers and acquisitions, consumer insurance, consumer finance, digital platform services, securities exchanges and the green bond market. The book serves to define the legal contours of data governance, taking account of the influence of shifting business models, the views of multiple stakeholders and emerging issues surrounding data protection, privacy and cybersecurity. This is a crucial read for scholars of law and finance who are researching data regulation, data governance and financial market law. Exploring both the opportunities and risks arising from the digital transformation of financial markets, it will also be invaluable for practitioners and policy makers working in the financial sector, law, risk management and compliance.

Crypto-finance, Law and Regulation

Author : Joseph Lee
Publisher : Unknown
Page : 128 pages
File Size : 42,8 Mb
Release : 2022
Category : Cryptocurrencies
ISBN : 1032196548

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Crypto-finance, Law and Regulation by Joseph Lee Pdf

Introduction -- Distributed ledger technologies in capital markets -- Crypto-assets law and regulation -- Smart contracts and financial transactions : practice, risk, and governance -- Regulatory objectives for cryptocurrency systems : unstable coins, stable coins and state-backed cryptocurrency -- Security Token Offering (STO) and investor protection -- Access to finance and Artificial Intelligence on blockchain network -- DLT-based crowdfunding platforms and investor protection -- The economics and politics of data and its legal protection in cryptocurrencies -- The Peer-to-Peer Energy Trading Platform -- Code-as-law in financial markets : functions, risks and governance -- Conclusion.

Regulating Finance in Europe

Author : HŽritier, Adrienne,Karremans, Johannes
Publisher : Edward Elgar Publishing
Page : 200 pages
File Size : 45,5 Mb
Release : 2021-11-05
Category : Business & Economics
ISBN : 9781800379596

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Regulating Finance in Europe by HŽritier, Adrienne,Karremans, Johannes Pdf

This timely book presents an in-depth investigation of who benefits from European financial market regulatory measures and how decision-makers and stakeholders are held politically and administratively accountable. The extensive study illustrates the full range of the actors involved in key regulatory processes such as the regulation of high-frequency trading and the activities of central-clearing counterparties.

Governing Finance in Europe

Author : Adrienne Héritier,Magnus G. Schoeller
Publisher : Edward Elgar Publishing
Page : 240 pages
File Size : 51,8 Mb
Release : 2020-08-28
Category : Electronic
ISBN : 1839101113

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Governing Finance in Europe by Adrienne Héritier,Magnus G. Schoeller Pdf

How do regulatory structures evolve in EU financial governance? Incorporating insights from a variety of disciplines, Governing Finance in Europe provides a comprehensive framework to investigate the dynamics leading to centralisation, decentralisation and fragmentation in EU financial regulation. Offering a comprehensive and generalizable theoretical account of regulatory centralisation, this book combines theoretical approaches from political science, law, sociology and economics to trace centralisation in EU financial governance. Contributors build on a rich political science and legal literature and offer empirical analyses of major EU legislative packages in financial regulation, including the Markets in Financial Instruments Directive II (MiFID II) and Capital Markets Union (CMU). This book systematically identifies and examines the forces and counter-forces on regulatory centralisation. It also offers conjectures as to who benefits from the regulation and how decision-makers are held politically and legally accountable. Featuring contributions from internationally renowned scholars, this book is key reading for academics working in finance and financial policies, particularly those investigating European politics, regulation and regional integration. It will also be of interest to practitioners and policymakers, as chapters provide unique insights into the real-world implications of financial regulation.

FinTech, Artificial Intelligence and the Law

Author : Alison Lui,Nicholas Ryder
Publisher : Routledge
Page : 206 pages
File Size : 52,5 Mb
Release : 2021-07-29
Category : Business & Economics
ISBN : 9781000412666

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FinTech, Artificial Intelligence and the Law by Alison Lui,Nicholas Ryder Pdf

This collection critically explores the use of financial technology (FinTech) and artificial intelligence (AI) in the financial sector and discusses effective regulation and the prevention of crime. Focusing on crypto-assets, InsureTech and the digitisation of financial dispute resolution, the book examines the strategic and ethical aspects of incorporating AI into the financial sector. The volume adopts a comparative legal approach to: critically evaluate the strategic and ethical benefits and challenges of AI in the financial sector; critically analyse the role, values and challenges of FinTech in society; make recommendations on protecting vulnerable customers without restricting financial innovation; and to make recommendations on effective regulation and prevention of crime in these areas. The book will be of interest to teachers and students of banking and financial regulation related modules, researchers in computer science, corporate governance, and business and economics. It will also be a valuable resource for policy makers including government departments, law enforcement agencies, financial regulatory agencies, people employed within the financial services sector, and professional services such as law, and technology.

EU Securities and Financial Markets Regulation

Author : Niamh Moloney
Publisher : Oxford University Press
Page : 993 pages
File Size : 47,8 Mb
Release : 2023-03-29
Category : Law
ISBN : 9780192583413

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EU Securities and Financial Markets Regulation by Niamh Moloney Pdf

Over the decade or so since the global financial crisis rocked EU financial markets and led to wide-ranging reforms, EU securities and financial markets regulation has continued to evolve. The legislative framework has been refined and administrative rulemaking has expanded. Alongside, the Capital Markets Union agenda has developed, the UK has left the EU, and ESMA has emerged as a decisive influence on EU financial markets governance. All these developments, as well as the Covid-19 pandemic, have shaped the regulatory landscape and how supervision is organized. EU Securities and Financial Markets Regulation provides a comprehensive, critical, and contextual account of the intricate rulebook that governs EU financial markets and its supporting institutional arrangements. It is framed by an assessment of how the regime has evolved over the decade or so since the global financial crisis and considers, among other matters, the post-crisis reforms to key legislative measures, the massive expansion of administrative rulemaking and of soft law, the Capital Markets Union agenda, the development of supervisory convergence as the means for organizing pan-EU supervision, and ESMA's role in EU financial markets governance. Its coverage extends from capital-raising and the Prospectus Regulation to financial market intermediation and the MiFID II/MiFIR and IFD/IFR regimes, to the new regulatory regimes adopted since the global financial crisis (including for benchmarks and their administrators), to retail market regulation and the PRIIPs Regulation, and on to the EU's third country regime and the implications of the UK's departure from the EU. This is the fourth edition of the highly successful and authoritative monograph first published as EC Securities Regulation. Heavily revised from the third edition to reflect developments since the global financial crisis, it adopts the in-depth contextual and analytical approach of earlier editions and so considers the market, political, institutional, and international context of the regulatory and supervisory regime.

Handbook of Blockchain, Digital Finance, and Inclusion, Volume 1

Author : David LEE Kuo Chuen,Robert H. Deng
Publisher : Academic Press
Page : 482 pages
File Size : 42,7 Mb
Release : 2017-08-03
Category : Business & Economics
ISBN : 9780128104422

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Handbook of Blockchain, Digital Finance, and Inclusion, Volume 1 by David LEE Kuo Chuen,Robert H. Deng Pdf

Handbook of Blockchain, Digital Finance, and Inclusion, Volume 1: Cryptocurrency, FinTech, InsurTech, and Regulation explores recent advances in digital banking and cryptocurrency, emphasizing mobile technology and evolving uses of cryptocurrencies as financial assets. Contributors go beyond summaries of standard models to describe new banking business models that will be sustainable and will likely dictate the future of finance. The volume not only emphasizes the financial opportunities made possible by digital banking, such as financial inclusion and impact investing, but it also looks at engineering theories and developments that encourage innovation. Its ability to illuminate present potential and future possibilities make it a unique contribution to the literature. Explores recent advances in digital banking and cryptocurrency, emphasizing mobile technology and evolving uses of cryptocurrencies as financial assets Explains the practical consequences of both technologies and economics to readers who want to learn about subjects related to their specialties Encompasses alternative finance, financial inclusion, impact investing, decentralized consensus ledger and applied cryptography Provides the only advanced methodical summary of these subjects available today

Financial Regulation and Civil Liability in European Law

Author : Olha O. Cherednychenko,Mads Andenas
Publisher : Edward Elgar Publishing
Page : 327 pages
File Size : 53,7 Mb
Release : 2020-11-27
Category : Law
ISBN : 9781789908114

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Financial Regulation and Civil Liability in European Law by Olha O. Cherednychenko,Mads Andenas Pdf

This insightful book provides a comprehensive analysis of the interplay between EU financial regulation and civil liability. It explores this interrelationship in order to determine whether a coordinated approach has been adopted.

Regulating EU Capital Markets Union

Author : Anonim
Publisher : Oxford University Press
Page : 545 pages
File Size : 42,6 Mb
Release : 2024-03-14
Category : Law
ISBN : 9780192882684

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Regulating EU Capital Markets Union by Anonim Pdf

The current framework of EU regulation concerning capital markets is complex and partly inconsistent in the way that it is applied in the various Member States. Through the Capital Markets Union (CMU) project the European Union is pursuing the goal of establishing a true single market for capital in Europe. Regulating EU Capital Markets Union: Fundamentals of a European Code is the first of a two-volume series proposing the codification of EU legislature as a way to establish this goal. This book analyses all existing capital markets regulation. It explains the idea of codification, looks at the added value of a European Capital Markets Code, discusses key concepts of the current regimes and elaborates on the goals of the future codification act. The work explores the idea that the provisions spread over numerous rulebooks should be brought together in a single legal act in the form of a regulation and organized in a systematic way to reduce complexity thereby facilitating accessibility of capital markets law. Drawing on the experience of academics from various European countries, this volume discusses possible contents of a European Capital Markets Code, addresses approaches to regulatory reforms and explores the role of private enforcement.