Distribution Systems Of Retail Investment Products Across The European Union

Download Distribution Systems Of Retail Investment Products Across The European Union full books in PDF, epub, and Kindle. Read online Distribution Systems Of Retail Investment Products Across The European Union ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Distribution Systems of Retail Investment Products Across the European Union

Author :
Publisher :
ISBN 13 : 9789279667374
Total Pages : pages
Book Rating : 4.6/5 (673 download)

DOWNLOAD NOW!

Book Synopsis Distribution Systems of Retail Investment Products Across the European Union by :

Download or read book Distribution Systems of Retail Investment Products Across the European Union written by and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Commission's mandate for the current executive period focuses on 10 top priorities, one of which is "Jobs, Growth and Investment", which aims at stimulating investment for the purpose of job creation. Since November 2014, an all-encompassing policy tool has been deployed to ensure that Europe achieves these objectives of creating a market with better jobs, sustainable growth and with strong, steady investment. This tool was meant to overcome and reverse the aftermath of the 2008-2012 financial crisis with its Investment Plan for Europe (the Plan). This Plan aims at mobilising circa 315 billion EUR in three years (2015-2017) to support and create investment in the real economy. To help create an investment friendly environment within the European Union, the Plan targets progress towards the Digital Single Market, the Energy Union and the Capital Markets Union. The Capital Markets Union is set to offer businesses greater choice of funding at different stages of their development and to provide more options and better returns for savers and retail investors. The acceleration towards completing the Capital Markets Union was further emphasized in the communication released by the European Commission following President Juncker's 2016 State of the Union address. Specifically affecting the retail investment market, the European Commission highlighted how "the CMU aims to put European savings to better use, improving the efficiency through which savers and borrowers are matched, and increasing the performance of the EU economy. Retail investor engagement is a critical challenge for the development of a stronger capital market in the EU. This requires greater confidence among retail investors, and transparency to help investors to make the right investment decisions".

Distribution Systems of Retail Investment Products Across the European Union

Author :
Publisher :
ISBN 13 : 9789279667381
Total Pages : pages
Book Rating : 4.6/5 (673 download)

DOWNLOAD NOW!

Book Synopsis Distribution Systems of Retail Investment Products Across the European Union by :

Download or read book Distribution Systems of Retail Investment Products Across the European Union written by and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The general objective of the Study is to provide facts and figures on the current features and functioning of European markets for retail investment products, analysing specifically: - The supply of retail investment products through various distribution channels; - The access to financial advice by retail investors and related risks and benefits; - The impact of on-line distribution on the retail investment offering, notably on the breadth and terms of the offer, and on investor protection; and - The risks and benefits of new distribution models developed by FinTech companies. The Study covers 15 Member States chosen based on market size, date of integration into the European Union (EU), and the variety of specific policy frameworks in place: Belgium, Czech Republic, Denmark, Estonia, France, Germany, Italy, Luxembourg, the Netherlands, Poland, Portugal, Romania, Spain, Sweden and the United Kingdom (UK). The Study covers different types of investment advice: independent advice (e.g. through an Independent Financial Advisor (IFA) in a country with a ban on inducements), non-independent advice (e.g. through an advisor of a bank or insurer) as well as robo-advice (i.e. through an automated web-based platform). Investment products in scope of the Study are investment funds, listed bonds and equities, life insurance products with investment components and pension products. The tender requirements were posing specific methodological challenges as this study had to cover different types of investments products that fall under different regulations. We were not able to identify a suitable existing methodology which would set a common framework for all types of products and related regulations across the countries in scope. As a result, we needed to develop a methodology specifically for this project that would allow for a coherent study of the distribution of different types of investment products to retail investors. A major element of the methodology was the application of two data collection methods that explicitly mimicked the behavior of a financially less sophisticated retail investor seeking for information and advice on investment products. As part of this methodology, we searched for information on investment products on the webpages of the largest distributors in each country in scope of the study and we conducted over 500 mystery shops at banks, insurance companies, independent financial advisors (IFAs) and robo-advisors across 10 out of 15 Member States in scope. Through this, we were able to collect information on the types of products actively proposed to retail investors and to assess how general suitability of the proposed investment products was established. The data collection for this project has been performed over the course of 2017, before the entry into force of several regulatory changes that are likely to impact the market.

Distribution of Insurance-Based Investment Products

Author : Pierpaolo Marano
Publisher : Springer
ISBN 13 : 3030116689
Total Pages : 258 pages
Book Rating : 4.0/5 (31 download)

DOWNLOAD NOW!

Book Synopsis Distribution of Insurance-Based Investment Products by : Pierpaolo Marano

Download or read book Distribution of Insurance-Based Investment Products written by Pierpaolo Marano and published by Springer. This book was released on 2019-03-27 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book addresses a topic at the intersection of two heavily regulated sectors: insurance and investment services. Until recently, scholars and professionals have approached insurance and investment services as two separate categories in the financial services sector, and as being governed by separate regulatory frameworks. In practice, however, the boundaries were and are blurred, a reality that regulators have begun to recognize and address in their more recent regulatory texts. The first part of the book approaches the new standards applicable to investment products based on insurance: insurance-based investment products (IBIPs). These rules are harmonized across the EU. The rationale behind this new definition is provided, together with a description of these products’ limitations. The analysis addresses the new rules and explores the legal regime and relevant standards applicable to IBIPs. The organizational rules concerning the design and distribution of IBIPs are also examined, and the book highlights e.g. how these rules are inspired by the principles of conduct. In closing, the ADR systems are analysed, in order to ascertain whether or not they can offer an effective tool for settling disputes over these products. In turn, the second part focuses on the liability for distribution of IBIPs, which ranks as one of the most conspicuous and relatively new legal phenomena, but at the same time, represents an exceptionally important field of civil liability in today’s world. Liability is still regulated at the national level. Thus, the four largest life insurance markets in the EU are considered, along with the largest emerging market for life insurance. The chapters on national laws also consider whether, and if so, how the new harmonized rules on IBIPs are being combined with those already in force in the jurisdictions considered. The goal is to determine whether the new rules are likely to change the doctrine and case law approach to these products, or whether the European legislators’ choices have no real impact on the protection of clients.

Study on Options for Development of Online Tools and Services Supporting Retail Investors in Investment Decisions

Author :
Publisher :
ISBN 13 : 9789279987618
Total Pages : pages
Book Rating : 4.9/5 (876 download)

DOWNLOAD NOW!

Book Synopsis Study on Options for Development of Online Tools and Services Supporting Retail Investors in Investment Decisions by :

Download or read book Study on Options for Development of Online Tools and Services Supporting Retail Investors in Investment Decisions written by and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital Market Union aimed at invigorating the participation of retail investors in the financing of the economy together with other policy objectives. However, EU citizens still face difficulties when planning to invest in financial products (e.g. investment fund, life insurance or private pension product), that meet their life needs and expectations. Despite all efforts and documentation, gathering independent and comparable information on product features is still perceived as a challenge for most investors. From the entire universe of potential aids to investing, the one most efficient would be to focus on the ways to provide a practical solution to increase transparency and comparability of retail financial products, that could be accelerated with the creation of an investor products hub (i.e. a database), containing complete, correct and independent information about all managed financial products available across EU capital markets. To be most efficient, that investor product hub should rely on existing information and recycle it where and if possible. At a high-level, the database would be operated by a single public body and accessible for free by retail investors as well as financial professionals and academics, the latter for research purposes. This report proposes a description of existing product disclosure platforms, it further describes high level technical and functional requirements for the creation of the hub, including a high level implementation roadmap as well as regulatory amendments that should be envisaged to facilitate the development of the tool. If feasible, the scope and depth of coverage of this retail investor products hub represent challenges both in terms of creation and maintenance. Nevertheless, it has the potential to materially increase retail investors' level of information on financial products available to them whilst limiting legal and regulatory hurdles.

Performance and Costs of Retail Investment Products in the EU

Author :
Publisher :
ISBN 13 : 9789295202337
Total Pages : pages
Book Rating : 4.2/5 (23 download)

DOWNLOAD NOW!

Book Synopsis Performance and Costs of Retail Investment Products in the EU by :

Download or read book Performance and Costs of Retail Investment Products in the EU written by and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2020 ESMA Annual Statistical Report on the Performance and Costs of Retail Investment Products in the EU provides a comprehensive overview of the EU retail investment products in the period from 2009 to 2018. Undertakings for Collective Investment in Transferable Securities (UCITS) represent the largest investment fund sector in the EU, with more than EUR 9tn assets. Our sample covers two thirds of the market with more than EUR 6tn assets, of which above EUR 4tn are held by retail investors. Alternative investment funds (AIFs) follow with EUR 5.8tn, of which around EUR 1tn are held by retail investors (Retail AIFs). Structured Retail Products (SRPs) are the smallest market, with 6 million contracts and a value of EUR 400bn outstanding. Compared to the 2019 edition, we have further enhanced the report by enlarging the scope of the UCITS analysis. In particular, we provide an improved methodology, an analysis of performance and costs based on risk categorisation and an analysis of management fees. For retail AIFs, there is a preliminary analysis of gross performances. Despite progresses in data coverage and quality, challenges, including cross-EU heterogeneity in cost treatment, unavailability of cost data for AIFs and SRPs and limitations on data comparison across EU Member States, remained. No harmonised regulatory data are available for UCITS and SRPs.

Research Handbook on EU Economic Law

Author : Federico Fabbrini
Publisher : Edward Elgar Publishing
ISBN 13 : 1788972341
Total Pages : 592 pages
Book Rating : 4.7/5 (889 download)

DOWNLOAD NOW!

Book Synopsis Research Handbook on EU Economic Law by : Federico Fabbrini

Download or read book Research Handbook on EU Economic Law written by Federico Fabbrini and published by Edward Elgar Publishing. This book was released on 2019 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 10.0px Arial} This comprehensive Research Handbook analyses and explains the EU’s complex system of economic governance from a legal point of view and looks ahead to the challenges it faces and how these can be resolved. Bringing together contributions from leading academics and top lawyers from EU institutions, this Research Handbook is the first to cover all aspects of the Eurozone’s legal ecosystem, and offers an up-to-date and in depth assessment of the norms and procedures that underpin the EU’s economic, monetary, banking, and capital markets unions.

Finance and Investment

Author : Colin P. Mayer
Publisher : Oxford University Press
ISBN 13 : 0198815816
Total Pages : 425 pages
Book Rating : 4.1/5 (988 download)

DOWNLOAD NOW!

Book Synopsis Finance and Investment by : Colin P. Mayer

Download or read book Finance and Investment written by Colin P. Mayer and published by Oxford University Press. This book was released on 2018 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Low growth, low investment, insufficient spend on infrastructure, weak bank lending to the corporate sector, and funding deficiencies of small and medium-sized enterprises are all causes of concern in Europe. To many, they point to fundamental problems in the financing of European companies and in Europe's financial systems. Are these concerns valid and do the structure and performance of the financial system lie at their heart? If so, what should be done to address them, and have the right policy prescriptions been identified to date? A product of the Restarting European Investment Finance research programme, Finance and Investment: The European Case brings together leading researchers to consider the causes of the persistently low level of investment in Europe. It examines the extent to which the financial system is a contributory factor and identifies possible remedies, considering the relation of finance to corporate sector investment, the lending behaviour of banks, the provision of equity financing, and the role of public sector institutions, regulation, and taxation. Finance and Investment provides one of the most comprehensive and thorough analyses of any financial system undertaken to date. It reflects a large body of research using new and existing data sets, employing advanced empirical tools, and exploiting the unique insights provided by the tumultuous events of financial and sovereign debt crises. Together, they comprise an exceptional body of knowledge to advance academic thinking and guide policy formulation.

EU Securities and Financial Markets Regulation

Author : Niamh Moloney
Publisher : Oxford University Press
ISBN 13 : 0198844875
Total Pages : 993 pages
Book Rating : 4.1/5 (988 download)

DOWNLOAD NOW!

Book Synopsis EU Securities and Financial Markets Regulation by : Niamh Moloney

Download or read book EU Securities and Financial Markets Regulation written by Niamh Moloney and published by Oxford University Press. This book was released on 2023-03-29 with total page 993 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Cambridge Handbook of Investor Protection

Author : Arthur B. Laby
Publisher : Cambridge University Press
ISBN 13 : 1108995926
Total Pages : 687 pages
Book Rating : 4.1/5 (89 download)

DOWNLOAD NOW!

Book Synopsis The Cambridge Handbook of Investor Protection by : Arthur B. Laby

Download or read book The Cambridge Handbook of Investor Protection written by Arthur B. Laby and published by Cambridge University Press. This book was released on 2022-10-27 with total page 687 pages. Available in PDF, EPUB and Kindle. Book excerpt: The topic of investor protection has occupied investors, businesses, regulators, academics, and courts since the 1930s. The topic exploded in importance after the 2008 financial crisis and the Bernard Madoff Ponzi scheme of the same year. Investor protection scholarship now seeks to respond to developments such as the institutionalization of the markets, the democratization of finance, and the enhanced role of market professionals and other gatekeepers. Additionally, although the philosophy of full disclosure remains the guiding principle behind the securities laws, recent research has questioned the merits of a disclosure-based regime. In light of these trends, regulators try to strike the right balance between imposing a strict investor protection regime, on the one hand, and giving businesses the freedom to innovate new projects, market new services, and reduce costs, on the other. The Cambridge Handbook of Investor Protection brings together leading scholars to inform this debate and fill a gap left by these developments.

The Alternative Investment Fund Managers Directive

Author : Dirk A. Zetzsche
Publisher : Kluwer Law International B.V.
ISBN 13 : 9041149953
Total Pages : 948 pages
Book Rating : 4.0/5 (411 download)

DOWNLOAD NOW!

Book Synopsis The Alternative Investment Fund Managers Directive by : Dirk A. Zetzsche

Download or read book The Alternative Investment Fund Managers Directive written by Dirk A. Zetzsche and published by Kluwer Law International B.V.. This book was released on 2015-09-14 with total page 948 pages. Available in PDF, EPUB and Kindle. Book excerpt: Apart from MiFID, the Alternative Investment Fund Managers Directive (AIFMD) may be the most important European asset management regulation of the early twenty-first century. In this in-depth analytical and critical discussion of the content and system of the directive, thirty-eight contributing authors – academics, lawyers, consultants, fund supervisors, and fund industry experts – examine the AIFMD from every angle. They cover structure, regulatory history, scope, appointment and authorization of the manager, the requirements for depositaries and prime brokers, rules on delegation, reporting requirements, transitional provisions, and the objectives stipulated in the recitals and other official documents. The challenging implications and contexts they examine include the following: – connection with systemic risk and the financial crisis; - nexus with insurance for negligent conduct; - connection with corporate governance doctrine; - risk management; - transparency; - the cross-border dimension; - liability for lost assets; - impact on alternative investment strategies, and - the nexus with the European Regulation on Long-Term Investment Funds (ELTIFR). Nine country reports, representing most of Europe’s financial centres and fund markets add a national perspective to the discussion of the European regulation. These chapters deal with the potential interactions among the AIFMD and the relevant laws and regulations of Austria, France, Germany, Italy, Luxembourg, Liechtenstein, The Netherlands, Malta and the United Kingdom. The second edition of the book continues to deliver not only the much-needed discussion of the inconsistencies and difficulties when applying the directive, but also provides guidance and potential solutions to the problems it raises. The second edition considers all new developments in the field of alternative investment funds, their managers, depositaries, and prime brokers, including, but not limited to, statements by the European Securities and Markets Authority (ESMA) and national competent authorities on the interpretation of the AIFMD, as well as new European regulation, in particular the PRIIPS Regulation, the ELTIF Regulation, the Regulation on European Venture Capital Funds (EuVeCaR), the Regulation on European Social Entrepreneurship Funds (EUSEFR), MiFID II, and UCITS V. The book will be warmly welcomed by investors and their counsel, fund managers, depositaries, asset managers, administrators, as well as regulators and academics in the field.

The Future of Pension Plans in the EU Internal Market

Author : Nazaré da Costa Cabral
Publisher : Springer Nature
ISBN 13 : 3030294978
Total Pages : 359 pages
Book Rating : 4.0/5 (32 download)

DOWNLOAD NOW!

Book Synopsis The Future of Pension Plans in the EU Internal Market by : Nazaré da Costa Cabral

Download or read book The Future of Pension Plans in the EU Internal Market written by Nazaré da Costa Cabral and published by Springer Nature. This book was released on 2019-11-26 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume takes a closer look at various European pension-plan models and the recent challenges, trends and predictions related to the design of such schemes. The contributors analyse new ideas, both from national governments and European institutions, and consider current debates on topics such as the Capital Markets Union (CMU) and the so-called ‘European Pillar of Social Rights’ – calling for a new approach to social policy at the European level in response to common challenges, such as ageing and the digital revolution.This interdisciplinary work embraces economic, financial and legal perspectives, while focusing on previously selected coherence aspects in order to ensure that the analyses are comprehensive and globally consistent.

Making the Financial System Sustainable

Author : Paul G. Fisher
Publisher : Cambridge University Press
ISBN 13 : 1108842291
Total Pages : 363 pages
Book Rating : 4.1/5 (88 download)

DOWNLOAD NOW!

Book Synopsis Making the Financial System Sustainable by : Paul G. Fisher

Download or read book Making the Financial System Sustainable written by Paul G. Fisher and published by Cambridge University Press. This book was released on 2020-11-12 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: A volume of essays by experts and thought leaders of the European Commission's High Level Expert Group on Sustainable Finance.

The European Capital Markets Union

Author : Andreas Dombret
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 311044464X
Total Pages : 136 pages
Book Rating : 4.1/5 (14 download)

DOWNLOAD NOW!

Book Synopsis The European Capital Markets Union by : Andreas Dombret

Download or read book The European Capital Markets Union written by Andreas Dombret and published by Walter de Gruyter GmbH & Co KG. This book was released on 2015-07-31 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: In March 2015, the Institute for Law and Finance in Frankfurt am Main held a full-day symposium which brought together leading representatives of the public and private sectors to deliver the first high level response to the questions posed by the Commission’s Green Paper on Building a Capital Markets Union. These responses are collected in this volume.

Fostering Innovation and Competitiveness With FinTech, RegTech, and SupTech

Author : Boitan, Iustina Alina
Publisher : IGI Global
ISBN 13 : 1799843912
Total Pages : 313 pages
Book Rating : 4.7/5 (998 download)

DOWNLOAD NOW!

Book Synopsis Fostering Innovation and Competitiveness With FinTech, RegTech, and SupTech by : Boitan, Iustina Alina

Download or read book Fostering Innovation and Competitiveness With FinTech, RegTech, and SupTech written by Boitan, Iustina Alina and published by IGI Global. This book was released on 2020-09-11 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to the emergence of innovative technologies, various professional fields are transforming their traditional business practices. Specifically, the financial and legal markets are experiencing this digital transformation as professionals and researchers are finding ways to improve efficiency, personalization, and security in these economic sectors. Significant research is needed to keep pace with the continuous advancements that are taking place in finance. Fostering Innovation and Competitiveness with FinTech, RegTech, and SupTech provides emerging research exploring the theoretical and practical aspects of technologically innovative mechanisms and applications within the financial, economic, and legal markets. Featuring coverage on a broad range of topics such as crowdfunding platforms, crypto-assets, and blockchain technology, this book is ideally designed for researchers, economists, practitioners, policymakers, analysts, managers, executives, educators, and students seeking current research on the strategic role of technology in the future development of financial and economic activity.

Impact of Globalization and Advanced Technologies on Online Business Models

Author : Ho, Ree C.
Publisher : IGI Global
ISBN 13 : 1799876055
Total Pages : 399 pages
Book Rating : 4.7/5 (998 download)

DOWNLOAD NOW!

Book Synopsis Impact of Globalization and Advanced Technologies on Online Business Models by : Ho, Ree C.

Download or read book Impact of Globalization and Advanced Technologies on Online Business Models written by Ho, Ree C. and published by IGI Global. This book was released on 2021-02-05 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: Online business has been growing progressively and has become the major business platform within the past two decades. The internet bulldozed the development of new business models and innovations that substantially changed the way businesses run today. This led to a growth of advanced technologies used in online business such as data analytics, machine learning, and artificial intelligence. With higher internet connectivity and the exponential growth of mobile devices, shopping processes and behaviors were significantly affected as people are consistently connected online. Consumers can easily gain helpful product information and retail competitor information in myriad online channels. This led to a profound effect on businesses where they began to invest in new technologies and business practices that aim to align with the effects of globalization. Given the rapid technology advancements, both businesses and customers are presently experiencing an exponential upsurge in the implementation of new business processes and models. Impact of Globalization and Advanced Technologies on Online Business Models explores the ever-changing field of running an online busines and presents the current issues and challenges in online business triggered by global shifts in the online environment and technological changes. The chapters draw from a wide range of technologies used in today’s digital marketplace as well as recent development and empirical researches on online consumer behavior. As such, this book aims to contribute new dimensions in managing advancements in online business triggered by global and technology transformation. This book is ideal for executives, managers, IT consultants, practitioners, researchers, academicians, and students interested in globalization and the new technologies affecting online business models.

The Economics of Fintech

Author : Sahoko Kaji
Publisher : Springer Nature
ISBN 13 : 9813349131
Total Pages : 210 pages
Book Rating : 4.8/5 (133 download)

DOWNLOAD NOW!

Book Synopsis The Economics of Fintech by : Sahoko Kaji

Download or read book The Economics of Fintech written by Sahoko Kaji and published by Springer Nature. This book was released on 2021-02-20 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of academic lectures given on fintech, a topic that has been written about extensively but only from a business or technological point of view. In contrast to other publications on the subject, this book shows the reader how fintech should be understood in relation to economics, financial theory, policy, and law. It provides introductory explanations on fintech-related concepts and instruments such as blockchains, crypto assets, machine learning, high-frequency trading, and AI. The collected lectures also point to surrounding issues including start-ups, monetary policy, asset management, cyber and other security, and stability of financial systems. The authors include professors, a former central bank official, current officials at Japan’s Financial Services Authority, a lawyer, the former dean of the Asian Development Bank Institute, and private sector professionals at the frontline of fintech. The book is most suitable for those both within and outside of academia who are beginning to learn about fintech and wish to successfully take part in the revolution that is certain to have wide-ranging effects on our economy and society.

Stocks for All: People’s Capitalism in the Twenty-First Century

Author : Petri Mäntysaari
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3110761327
Total Pages : 1037 pages
Book Rating : 4.1/5 (17 download)

DOWNLOAD NOW!

Book Synopsis Stocks for All: People’s Capitalism in the Twenty-First Century by : Petri Mäntysaari

Download or read book Stocks for All: People’s Capitalism in the Twenty-First Century written by Petri Mäntysaari and published by Walter de Gruyter GmbH & Co KG. This book was released on 2021-12-31 with total page 1037 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public stock markets are too small. This book is an effort to rescue public stock markets in the EU and the US. There should be more companies with publicly-traded shares and more direct share ownership. Anchored in a broad historical study of the regulation of stock markets and companies in Europe and the US, the book proposes ways to create a new regulatory regime designed to help firms and facilitate people’s capitalism. Through its comparative and historical study of regulation and legal practices, the book helps to understand the evolution of public stock markets from the nineteenth century to the present day. The book identifies design principles that reflect prior regulation. While continental European company law has produced many enduring design principles, the recent regulation of stock markets in the EU and the US has failed to serve the needs of both firms and retail investors. The book therefore proposes a new set of design principles to serve contemporary societal needs.