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EU capital markets

Α constantly changing regulatory framework

Aikaterini Lagaria


The crisis was a catalyst for more and deeper harmonisation of EU

capital market rules, as an essential complement to the “European passport” for

the provision of financial services across the EU. A huge volume of EU legislation

was adopted at an unprecedented pace, extending the regulatory perimeter and

increasing the complexity of EU rules. Capital markets are under constant regu-

latory change, in response to needs that have become imperative in the current

juncture (inter alia, ensuring financial stability and market integrity, as well as a

level playing field), with a view to the creation of a single rulebook.

ISBN 978-960-562-903-8


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