Governing finance in Europe : a centralisation of rulemaking?

How do regulatory structures evolve in EU financial governance? Incorporating insights from a variety of disciplines, Governing Finance in Europe provides a comprehensive framework to investigate the dynamics leading to centralisation, decentralisation and fragmentation in EU financial regulation.This research would not have been possible without important support from the following institutions. First and foremost, we acknowledge funding from the Swedish Research Council (Grant No 2016-01596) and the support of the University of Uppsala. Moreover, the Robert Schuman Centre of the European University Institute in Florence provided crucial administrative and infrastructural support, including the managing of funds and language editing, and also intellectual input such as critical and constructive discussions with the ‘EUI Reading Group on Finance.’ Finally, the book profited from valuable collaboration with the Hertie School of Governance Berlin.1. Governing finance in Europe: a centralisation of rule-making?, Adrienne Héritier and Magnus G. Schoeller. -- PART I: VERTICAL RESEARCH PERSPECTIVE: EUROPEAN LEGISLATION IN THE CONTEXT OF INTERNATIONAL AGREEMENTS 2. MiFID II between European rule-making and national market surveillance: the case of high-frequency trading, Johannes Karremans and Magnus G. Schoeller. 3. The internal and external centralisation of Capital Markets Union regulatory structures: the case of Central Counterparties, Fabio Bulfone and Agnieszka Smoleńska. 4. The choice of instrument for EU legislation: mapping the system of governance under MiFID II and MiFIR, Magnus Strand. -- PART II: HORIZONTAL INTERNATIONAL PERSPECTIVE: RIVAL FINANCIAL REGULATORY POWERS 5. Sharing global regulatory space: transatlantic coordination of the G20 OTC derivatives reforms, Heikki Marjosola. -- PART III: HYBRID GOVERNANCE PERSPECTIVE: PUBLIC AND PRIVATE REGULATION 6. The emergence of transnational hybrid governance: how private risks trigger public intervention, Johannes Karremans and Adrienne Héritier. -- PART IV: TECHNOLOGICAL INNOVATION PERSPECTIVE 7. The impacts of technological innovation on regulatory structure: Fintech in post-crisis Europe, Agnieszka Smoleńska, Joseph Ganderson and Adrienne Héritier. (8) Governing finance in Europe: discussion and conclusion, Adrienne Héritier