Regulation of the EU Financial Markets
MiFID II & MiFIR
Edited by Danny Busch and Guido Ferrarini
Table of Contents
PART I: GENERAL ASPECTS
1. Introduction, Danny Busch and Guido Ferrarini
PART II: INVESTMENT FIRMS AND INVESTMENT SERVICES
2. The Scope of MiFID II, Kitty Lieverse
3. Governance of Investment Firms under MiFID II, Jens-Hinrich Binder
4. The Overarching Duty to Act in the Best Interest of the Client in MiFID II, Luca Enriques and Matteo Gargantini
5. Product Governance and Product Intervention, Danny Busch
6. Independent Financial Advice, Paolo Giudici
7. Conflicts of Interest, Stefan Grundmann
8. Inducements, Larissa Silverentand, Jasha Sprecher, and Lisette Simons
9. Agency and Principal Dealing Under MiFID, Danny Busch
10. MiFID II/MiFIR's Regime for Third-Country Firms, Danny Busch & Marije Louisse
PART III: TRADING
11. TGovernance and Organization of Trading Venues: The Role of Financial Market Infrastructures Groups, Guido Ferrarini & Paolo Saguato
12. EU Financial Governance and Transparency Regulation: A Test for the Effectiveness of Post-Crisis Administrative Governance, Niamh Moloney
13. SME Growth Markets, Carmine di Noia & Rudiger Veil
14. Dark Trading Under MiFID II, Peter Gomber & Ilya Gvozdevskiy
15. Derivatives: Trading, Clearing, STP, Indirect Clearing, and Portfolio Compression, Rezah Stegeman & Aron Berket
16. Commodity Derivatives, Antonella Sciarrone Alibrandi & Edoardo Grossule
17. Algorithmic Trading and High Frequency Trading, Pierre-Henri Conac
18. An American perspective, Merritt Fox
PART IV: SUPERVISION AND ENFORCEMENT
19. Public Enforcement of MiFID II, Christos Gortsos
20. The Private Law Effect of MiFID: the Genil Case and Beyond, Danny Busch
PART V: THE BROADER VIEW AND THE FUTURE OF MIFID
21. MiFID II: Picking up the Crumbs of a Piecemeal Approach, Veerle Colaert
22. Shadow Banking and the Functioning of Financial Markets, Eddy Wymeersch
23. Investment-based Crowdfunding: Is MiFID II enough?, Guido Ferrarini & Eugenia Macchiavello