Capital Markets Union: the lure of grand designs and a call for modesty

Moloney, Niamh ORCID: 0009-0000-6035-8053 (2024) Capital Markets Union: the lure of grand designs and a call for modesty. European Law Review. ISSN 0307-5400 (In Press)

Text (Moloney 2024 FINAL NOV 21) - Accepted Version Pending embargo until 1 January 2100. Download (520kB)

Abstract

This article examines the EU’s flagship Capital Markets Union agenda for financial markets given the close political attention it is currently receiving, and the likelihood that it will shape the legislative and policy agenda for financial markets over the 2024-2029 European Commission and European Parliament terms. It suggests that the CMU agenda may bring disruptive normative change to EU financial market governance, in the form of an embrace of deregulation as well as an appetite for institutional grand designs. It reflects on the risks of such a re-setting change to EU financial market governance and calls for less politics and more technocracy, or less legislation and more implementation, given the risks that are likely to confront the EU financial market over the next five years.

Item Type:	Article
Additional Information:	© 2024
Divisions:	Law
Subjects:	T Technology
Date Deposited:	26 Nov 2024 11:12
Last Modified:	12 Dec 2024 04:35
URI:	http://eprints.lse.ac.uk/id/eprint/126176

Actions (login required)

View Item