The Age of ESMA : Governing EU Financial Markets.

Intro -- Preface -- Contents -- Table of Treaties, Regulations, and Directives -- Table of Abbreviations -- 1. Introducing ESMA -- I. Introduction: Examining ESMA through an Institutional Lens -- II. Characterising ESMA: ESMA's Setting and its Role -- III. Contextualising ESMA -- IV. Technocratic Influence, Effectiveness, and Legitimacy -- V. Roadmap -- 2. ESMA's Governance -- I. Assessing ESMA and its Governance Arrangements -- II. Examining ESMA's Governance Arrangements -- III. Contextualising ESMA's Governance Arrangements: Influence, Effectiveness, and Legitimacy -- IV. ESMA's Institutional Design -- V. ESMA's External Governance Arrangements -- VI. ESMA's Funding Arrangements -- VII. Conclusion -- 3. ESMA and Regulatory Governance -- I. Assessing ESMA and the Regulatory Governance Setting -- II. Examining ESMA's Role in Regulatory Governance -- III. Contextualising ESMA's Role: Influence, Effectiveness, and Legitimacy -- IV. Building the Single Rule-book: ESMA as Architect of EU Administrative Financial Market Regulation -- V. Building the Soft Law Rule-book: ESMA as the Designer and Custodian of EU Financial Market Soft Law -- VI. The Legislative Process: Shaping Regulatory Governance from the Bottom Up -- VII. Conclusion -- 4. ESMA and Supervisory Convergence -- I. Assessing ESMA and the Supervisory Convergence Setting -- II. Examining ESMA's Role in Supervisory Convergence -- III. Contextualising ESMA's Role: Influence, Effectiveness, and Legitimacy -- IV. Supervisory Convergence in Practice -- V. Conclusion -- 5. ESMA and Direct Supervision/Market Intervention -- I. Assessing ESMA and the Direct Supervision/Market Intervention Setting -- II. Examining ESMA's Role as a Direct Supervisor -- III. Contextualising ESMA's Role: Influence, Effectiveness, and Legitimacy.

IV. Direct Supervision in Practice: Rating Agencies and Trade Repositories -- V. NCA-Oriented Supervision: Breach of EU Law, Binding Mediation, and Emergency Conditions -- VI. Exceptional Intervention: Short Selling, Product/Services Intervention, and Intervention in the Commodity Derivatives Market -- VII. The 2017/2018 Reform Waypoint (1): CCP Supervision and the 'European Supervisory Mechanism' -- VIII. The 2017/2018 Reform Waypoint (2): The 2017 ESA Proposal -- IX. And the Direction of Travel Continues: The 2018 Crowdfunding Proposal -- X. Conclusion -- 6. ESMA as a Network Actor -- I. ESMA as a Network Actor -- II. ESMA and the EU Financial Governance Network -- III. ESMA and the International Financial Market Governance Network -- IV. Conclusion -- Postscript -- Index.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.