Keywords
financial market law, financial stability, ESFS, banking union
Abstract
The legal framework of the EU financial market combines public law with private law elements. It is shaped on the basis of the goals which are to be achieved by these legal regulations. It is those goals which determine, in turn, the scope of the legal regulations and, thus, the activity area of the EU legislator as well as the concept (philosophy) of the regulation, according to which the legal activity is undertaken. The subject of this article is to analyze EU’s legislative activity in the financial market area, considering in particular legal instruments adopted in the past five years. This analysis makes it possible to show changes in the hierarchical structure of the pursued goals, as well as in the concept and the scope of regulation. These elements are determined by the needs of the integrated EU financial market, which is the subject of transformation and, at the same time, becomes more vulnerable to destabilizing factors
Recommended Citation
Wojtczak-Samoraj, D. (2014). A few comments on the legal framework of the EU financial market. internetowy Kwartalnik Antymonopolowy i Regulacyjny (internet Quarterly on Antitrust and Regulation), 3(5), 93-109. Retrieved from https://press.wz.uw.edu.pl/ikar/vol3/iss5/5
First Page
93
Last Page
109
Page Count
16
Publisher
University of Warsaw
