The Economic Consequences of Regulatory Protection & Extraterritorial Reach
60 Pages Posted: 23 May 2018
Date Written: May 9, 2018
Abstract
This paper analyzes recent legal and regulatory developments in the EU that will potentially significantly affect the landscape of the financial services industry in the EU and elsewhere. It focuses on four specific initiatives -- delegation, common ownership, MiFID II, and EMIR -- evaluates these developments in the context of an overarching economic framework that highlights the consequences of these initiatives from the standpoint of its effect on consumer welfare in the EU, in the U.S., and globally.
Suggested Citation: Suggested Citation
Thakor, Anjan V., The Economic Consequences of Regulatory Protection & Extraterritorial Reach (May 9, 2018). Available at SSRN: https://ssrn.com/abstract=3176049 or http://dx.doi.org/10.2139/ssrn.3176049
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