Prudential regulation of investment firms in the European Union - Paperback (9789013163940)
As of June 2021, a new regulatory regime for investment firms will come into force. What are the building blocks of the past and present legislation and how should they be interpreted? What risks do investment firms face and are these adequately addressed in the new regime? This publication discusses these questions in detail. Traditionally, the prudential regulatory response for investment firms in the European Union has been closely linked with the prudential regulatory response for banks. However, as the actual risk profile of these types of enterprises can differ significantly, the European Commission voiced the need for a new regulatory regime tailored to investment firms. Therefore, as of June 2021, new legislation will come into place for all investment firms within the European Union. Prudential regulation of investment firms in the European Union discusses the risk profile of investment firms. What are the typical risks an investment firm is exposed to when providing investmen…
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