The Regulation of EU Capital Markets offers a comprehensive and up-to-date examination of the legal and institutional architecture governing Europe’s capital markets. Structured as a full textbook, it traces the evolution of EU capital-market regulation from its Treaty foundations to the latest legislative reforms—spanning MiFID II/MiFIR, AIFMD II, UCITS, EMIR 3.0, CSDR, the Prospectus and Market Abuse regimes, the Sustainable Finance framework, and the Digital Finance Acts(MiCAR-DORA-DLT Pilot).
The volume explores the economic and theoretical rationales for financial regulation, the taxonomy of legal sources and supervisory authorities, and the interplay between market integration, investor protection, financial stability, and technological innovation. Each major legislative instrument is analysed in its historical context, with detailed attention to objectives, key provisions, and practical implications. Special chapters address the Capital Markets Union and its new evolution into the Savings and Investments Union, prudential and post-trading infrastructures, and the growing convergence between financial, sustainability, and digital policy in the EU.
Combining legal with policy insights, the book provides a systematic guide to the principles, institutions, and rules shaping European capital markets law. It is both a textbook and a reference work for those seeking to understand how law underpins the Union’s integrated and forward-looking capital markets.
