Regulating Finance in Europe - Policy Effects and Political Accountability

This book examines who benefits from European financial market regulatory measures and how decision-makers and stakeholders are held politically and administratively accountable. It provides an empirical insight into how different modes of accountability in financial market regulation are linked with different policy effects and will be an invaluable read for politicians, practitioners, and academics.

Format: Hardback
Length: 200 pages
Publication date: 05 November 2021
Publisher: Edward Elgar Publishing Ltd

This timely book delves into an in-depth exploration of the beneficiaries of European financial market regulatory measures and the mechanisms in place to hold decision-makers and stakeholders politically and administratively accountable. Through extensive research, it sheds light on the diverse range of actors involved in critical regulatory processes, such as the regulation of high-frequency trading and the activities of central-clearing counterparties. The chapters provide a clear outline of the interconnectedness between politicians, regulators, and market players in various political and administrative accountability mechanisms. Contributors examine how these accountability channels are linked to the content of policies, raising important questions about whether specific regulatory objectives and outcomes trigger the activation of accountability mechanisms. Regulating Finance in Europe takes a critical approach to examining the implementation of major EU legislative packages in financial regulation, offering a unique empirical insight into how different modes of accountability in financial market regulation are associated with distinct policy outcomes. This comprehensive yet accessible book is a valuable resource for politicians, practitioners, academics, and students in the fields of EU politics, policies, and economics. It provides valuable insights into the complex dynamics of financial market regulation and its impact on society.

Weight: 440g
Dimension: 239 x 167 x 18 (mm)
ISBN-13: 9781800379589