Liability of financial supervisors and resolution authorities /

This is the first book to focus on the liability regimes which apply to financial supervisors and resolution authorities at the EU level, at the level of major individual EU Member States, and in major jurisdictions worldwide. -

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Bibliographic Details
Group Author: Busch, Danny; Gortsos, Christos V.; McMeel QC., Gerard
Published: Oxford University Press,
Publisher Address: Oxford :
Publication Dates: 2022.
Literature type: Book
Language: English
Edition: First edition.
Series: Oxford EU financial regulation series
Subjects:
Summary: This is the first book to focus on the liability regimes which apply to financial supervisors and resolution authorities at the EU level, at the level of major individual EU Member States, and in major jurisdictions worldwide. -
- Since the global financial crisis of 2008, claims by clients, shareholders, depositors, and bondholders of financial firms have increased against financial supervisors and resolution authorities for inadequate supervision or resolution action. 'Liability of Financial Supervisors and Resolution Authorities' is the first book to offer a thorough and systematic analysis of the liability regimes which apply to financial supervisors and resolution authorities at the EU level (particularly relevant since the European Banking Union came into operation in 2014), at the level of individual EU Member States, as well as in other major jurisdictions worldwide. The jurisdiction-by-jurisdiction approach provides a detailed analysis of the liability regimes as they apply to local financial supervisors and resolution authorities in major civil law, common law, and mixed legal system jurisdictions. This global view of the primary financial jurisdictions as examples provides a unique and comprehensive overview which is of great practical and theoretical importance. The work concludes with a comparative law evaluation that discusses to what extent limitations of the liability of national financial supervisors and resolution authorities are valid under the EU rules on Member State liability. It also explores whether it would be preferable to adopt a uniform liability standard for the European Central Bank (ECB), the Single Resolution Board (SRB), and national financial supervisors and resolution authorities. Furthermore, it addresses whether it would be preferable to adopt a provision to the effect that the Court of Justice of the European Union has exclusive jurisdiction in relation to the ECB, SRB, and the national financial supervisors and resolution authorities. --
Carrier Form: lxii, 539 pages ; 25 cm.
Bibliography: Includes bibliographical references and index.
ISBN: 9780198868934
0198868936
Index Number: KJE2189
CLC: D950.228
Call Number: D950.228/L693