Equivalence in Financial Services

<p><i>Equivalence in Financial Services</i> offers a comprehensive and cross-industry examination of the rules and procedures under EU financial legislation dedicated to third-country market actors. The equivalence regime has become particularly topical after Brexit, as the United Kingdom is now a third country from the perspective of the European Union. This book investigates whether the current equivalence system is fit for its purpose, namely facilitating cross-border finance while minimizing as extensively as possible financial risks.</p><p> </p>After describing how the European Commission adopts equivalence measures, the book examines the implementation of the equivalence regime for the following entities: Credit Rating Agencies, Benchmarks, Trading Venues, Investment Firms, Investment Funds, Central Securities Depositories, Trade Repositories, and Central Counterparties. Addressing the most recent policy and legal developments, <i>Equivalence in Financial Services</i> provides an insightful guide into this complex area of financial regulation for scholars of financial regulation, legal practitioners, and policy makers.&nbsp;<p></p><p></p>