Trans-border securities transactions: Is the current regulatory and legislative framework hampering growth and competitiveness of European securities markets?
This paper highlights the findings of the recent study conducted by the Lamfalussy Group into the implications of the current pan-European regulations on competitiveness of the European securities markets. We found that the current regulatory environment is too slow and rigid to facilitate the type of growth that the European securities markets demand and deserve. We recommend that a more powerful institution be established, which provides guidelines for best practices and has the power to enforce them.
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Volume (Year): 1 (2001)
Issue (Month): ()
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