Skip to main content
SpringerLink
Log in

Transnational Securities Regulation

How it Works, Who Shapes it

  • Book
  • © 2023

Overview

Authors:
  1. Antonio Marcacci

    1. Munich, Germany

    View author publications

    You can also search for this author in PubMed   Google Scholar

  • First law book entirely devoted to Transnational Securities Regulation and its internal dynamics
  • Follows an “on-the-ground” approach
  • Contributes to three different academic debates: global governance/transnational law/regulation of international finance

Part of the book series: LCF Studies in Commercial and Financial Law (LCFSCFL, volume 3)

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution
eBook USD 139.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 179.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 179.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (12 chapters)

  1. Front Matter

    Pages i-xvii
    Download chapter PDF

  2. Introduction

    • Antonio Marcacci
    Pages 1-29

  3. Transnational Securities Regulation: How It Works

    1. Front Matter

      Pages 31-31
      Download chapter PDF

    2. IOSCO: Evolution, Nature, and Governance

      • Antonio Marcacci
      Pages 33-83

    3. IOSCO in the International Financial Architecture

      • Antonio Marcacci
      Pages 85-116

    4. Standard-Making, Accountability, and Legitimacy

      • Antonio Marcacci
      Pages 117-148

    5. Combined Techniques for the Implementation of Securities Standards

      • Antonio Marcacci
      Pages 149-185

    6. A Mechanism for the Coordination of Cross-Border Enforcement

      • Antonio Marcacci
      Pages 187-231

  4. Transnational Securities Regulation: Who Shapes It

    1. Front Matter

      Pages 233-233
      Download chapter PDF

    2. The Involvement of Regulatory Powers in IOSCO

      • Antonio Marcacci
      Pages 235-292

    3. Horizontal Standards: Harmonizing Principles and Conflicts of Securities Regulation

      • Antonio Marcacci
      Pages 293-330

    4. Vertical Standards Addressed to Public Authorities

      • Antonio Marcacci
      Pages 331-396

    5. Vertical Standards Addressed to Private Parties

      • Antonio Marcacci
      Pages 397-436

    6. Vertical Standards Set in Concert with Other Institutions

      • Antonio Marcacci
      Pages 437-478

  5. Conclusions

    1. Front Matter

      Pages 479-479
      Download chapter PDF

    2. Perspectives Around Transnational Securities Regulation

      • Antonio Marcacci
      Pages 481-507
Back to top

Keywords

About this book

The book provides an analysis of the emergence, evolution, and transformation of transnational securities regulation and of the influences from and the interactions between global regulatory powers in the field. Combining insights from law and political science, the work employs a two-tier complementary "on-the-books" and "in-action” approach. The more classical "on-the-books" approach draws on scholarship in United States and European Union securities regulation; transnational regulation and global administrative law; regime complexity; global governance studies; and the regulatory production of the International Organisation of Securities Commissions (IOSCO). The law in-action approach leverages the author’s experience as Compliance senior professional in a multinational financial institution as well as research interviews with senior IOSCO staff.


The author’s findings enable the reader to develop an original understanding of IOSCO, its standards, and its unique place in the transnational regulatory arena. They also challenge the doxa that the US are the only driving regulatory power in the securities area when in fact, other regulatory powers are emerging – for the time being, the EU. The balance has shifted and regulatory compromises are achieved at different points in the rule making process.

Authors and Affiliations

  • Munich, Germany

    Antonio Marcacci

About the author

Antonio Marcacci is Vice President at the Compliance Function of an EU Global Systemically Important Bank and Lecturer (Lehrbeauftragter) at the University of Passau, Germany, and at the University of Leipzig, Germany, where he gives courses in EU, US, and Chinese Banking and Financial Law. Antonio was awarded a PhD in Law by the European University Institute (EUI), Florence. During his PhD, Antonio visited the Faculty of Law of Humboldt-Universität zu Berlin (Germany) and the Law School of the University of Wisconsin-Madison (United States) for exchange programs, and had a short term temporary appointment at the World Bank in Washington, DC (United States). In his private sector experience, Antonio has worked in Europe (Milan and Munich), the Middle East (Abu Dhabi), and China (Shanghai). Alongside academic teaching, Antonio provides professional compliance training. Interested in the interface between academic research and professional banking and finance, Antonio has published several articles in leading journals, chapters in books edited by outstanding scholars, and a monograph with Palgrave Macmillan.

Bibliographic Information

Publish with us

Policies and ethics

Back to top

Search

Navigation