Securities Market Regulation in the EU: Everything You Always Wanted to Know about the Lamfalussy Procedure

Authors: Lannoo, Karel; Levin, Mattias

Source: Security Market Regulation in the EU:, December 2004 , pp. 1-34(34)

Publisher: Centre for European Policy Studies

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Abstract:

This paper explores how the member states of the European Union have grappled with the discrepancy between the global reach of financial markets and the national limits of regulation. The authors provide an overview of how the overarching aim of constructing an internal market has affected the location of political authority. A first part examines how this discussion has developed generally, while a second part looks specifically at financial services, and more particularly at securities markets.

Document Type: Miscellaneous

Publication date: 2004-12-01

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