Risk Sharing in the Euro Area

Legal Aspects

Buch | Hardcover

V, 91 Seiten

2023 | 1st ed. 2023
Springer International Publishing (Verlag)
978-3-031-19599-0 (ISBN)

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The book offers a horizontal legal analysis on the problematic of risk sharing, which arises inevitably in an economic and political integration process, such as in the European Union, and even more so in the euro area. The question is how the burden of adverse economic developments is spread across the integration area, in this case the euro area, whether risk is distributed evenly and what risk sharing mechanisms apply.
The book looks at the legal basis and the concrete stage of development of such mechanisms in European law, as well as at divergences among national legal orders and practices as a source for risk asymmetries. Individual contributions refer in particular to the areas of banking, capital markets and unemployment insurance.
The point of view adopted in the book is important for everyone who wants to develop a robust understanding of the practical functioning of the complex integration process regulated by EU law.

Georgios Psaroudakis has been teaching at the University of Thessaloniki since 2014, working in particular on the fields of corporate, financial and insolvency law. He has significant law-drafting experience, not least in the transposition of Directives (such as the Bank Recovery and Resolution Directive) in Greek law. Georgios is now chairing the Insolvency Administration Committee established under Greek law. Georgios is also advising Greek central bank on issues of bank supervision and resolution law, not least in the context of the Banking Union.

Introduction.- The NPLs Services Directive. The restructuring toolkit for asset quality.- MREL in EU bank resolution law.- Causation between false information to investors and damage. Comparative remarks.- Private enforcement and EU Market Abuse Regulation: a discussion on direct (class) actions and derivative actions.- A European Unemployment Insurance in EU law.

Erscheinungsdatum	01.02.2023
Zusatzinfo	V, 91 p. 1 illus.
Verlagsort	Cham
Sprache	englisch
Maße	155 x 235 mm
Gewicht	322 g
Themenwelt	Recht / Steuern ► EU / Internationales Recht
	Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
	Wirtschaft ► Volkswirtschaftslehre
Schlagworte	Capital Markets Regulation • EU Banking Law • Euro Area • European Integration • Risk sharing
ISBN-10	3-031-19599-X / 303119599X
ISBN-13	978-3-031-19599-0 / 9783031195990
Zustand	Neuware