Hedge fund regulation in the European Union: current trends and future prospects
Gespeichert in:
1. Verfasser: | |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Austin [u.a.]
Wolters Kluwer Law & Business
2009
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Schriftenreihe: | International banking and finance law series
9 |
Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis |
Beschreibung: | Literaturverz. S. 311 - 342 und Index |
Beschreibung: | XXX, 348 S. |
ISBN: | 9789041128560 9041128565 |
Internformat
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490 | 1 | |a International banking and finance law series |v 9 | |
500 | |a Literaturverz. S. 311 - 342 und Index | ||
650 | 7 | |a Hedge Fund - Recht - Europäische Union |2 idsbb | |
650 | 4 | |a Recht | |
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Datensatz im Suchindex
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adam_text | KLUWER LAW INTERNATIONAL HEDGE FUND REGULATION IN THE EUROPEAN UNION
CURRENT TRENDS AND FUTURE PROSPECTS PHOEBUS ATHANASSIOU QL WOLTERS
KLUWER LAW & BUSINESS AUSTIN BOSTON CHICAGO NEW YORK THE NETHERLANDS
TABLE OF CONTENTS PREFACE XV ACKNOWLEDGEMENTS XVII ABOUT THE AUTHOR XLX
LIST OF ABBREVIATIONS AND ACRONYMS XXI TABLE OF LEGAL ACTS XXIII TABLE
OF CASES XXIX INTRODUCTION 1 PART ONE CONTEMPORARY HEDGE FUND INDUSTRY
PROFILE AND CONCEPTUAL UNDERPINNINGS OF HEDGE FUND REGULATION 9 CHAPTER
1 HEDGE FUNDS: DEFINITION, FEATURES, EVOLUTION AND FUTURE PROSPECTS 11
11 INTRODUCTION 11 1.1.1 DEFINITION OF HEDGE FUNDS 11 1.1.2 ORIGINS OF
THE HEDGE FUND INDUSTRY 17 1.1.3 STRUCTURAL AND ORGANIZATIONAL FEATURES
COMMON TO HEDGE FUNDS 20 1.1.4 HEDGE FUND INVESTMENT STRATEGIES 26 1.1.5
CONTEMPORARY HEDGE FUND INDUSTRY SIZE AND PROFILE 30 1.1.5.1 SIZE AND
PROFILE OF THE GLOBAL INDUSTRY 30 IX HEDGE FUND REGULATION IN THE
EUROPEAN UNION 1.1.5.2 SIZE AND PROFILE OF THE EUROPEAN INDUSTRY 33 1.2
CONTEMPORARY HEDGE FUND INDUSTRY EVOLUTION AND GROWTH PROSPECTS...36
1.2.1 GLOBAL HEDGE FUND INDUSTRY EVOLUTION AND GROWTH PROSPECTS 36 1.2.2
EUROPEAN HEDGE FUND INDUSTRY EVOLUTION AND GROWTH PROSPECTS 43 1.3
CONCLUDING REMARKS 47 CHAPTER 2 THE CASE FOR HEDGE FUND REGULATION SI
2.1 INTRODUCTION 51 2.1.1 PRINCIPAL RATIONALES FOR FINANCIAL REGULATION
AND THEIR APPLICABILITY 51 2.1.1.1 INVESTOR PROTECTION 52 2.1.1.2 MARKET
INTEGRITY AND FRAUD 59 2.1.1.3 SYSTEMIC STABILITY 64 2.1.1.3.1 HEDGE
FUND DEFAULT EPISODES AND THEIR LESSONS 67 2.1.1.3.2 HEDGE FUND GROWTH
AND DECLINING PROFITABILITY AS DESTABILIZING FACTORS 77 2.1.1.3.3 HEDGE
FUNDS AND CRT MARKETS: LESSONS FROM THE CRISIS 79 2.1.2 RESIDUAL
RATIONALES: THE CASE OF FUND ACTIVISM 84 2.1.3 CONCLUSIONS 90 2.2 HEDGE
FUND BENEFITS AS SUI GENERIS REGULATORY RATIONALES 91 2.2.1 IMPACT OF
HEDGE FUND BENEFITS ON THE DEBATE 92 2.2.1.1 CONTRIBUTIONS TO
RISK-SHARING, MARKET EFFICIENCY AND LIQUIDITY 93 2.2.1.2 CONTRIBUTION TO
RESOLVING EUROPE S PENSION TIME BOMB 96 2.3 CONCLUDING REMARKS 98 PART
TWO HEDGE FUNDS UNDER COMMUNITY AND DOMESTIC LAW TABLE OF CONTENTS
CHAPTER 3 HEDGE FUNDS AND COMMUNITY LAW 103 3.1 INTRODUCTION 103 3.1.1
HEDGE FUNDS AND THE UCITS FRAMEWORK 104 3.1.2 HEDGE FUNDS AND THE MIFID
109 3.1.3 HEDGE FUNDS AND OTHER COMMUNITY LEGAL RULES 113 3.1.4 PRIVATE
PLACEMENTS AS A HEDGE FUND DISTRIBUTION CHANNEL?.... 117 3.2 CONCLUDING
REMARKS 121 CHAPTER 4 HEDGE FUND REGULATION IN SELECTED EUROPEAN
JURISDICTIONS... 125 4.1 INTRODUCTION 125 4.1.1 ESTABLISHED EUROPEAN
HEDGE FUND JURISDICTIONS 126 4.1.1.1 OVERVIEW OF HEDGE FUND REGULATION
IN IRELAND 126 4.1.1.2 OVERVIEW OF HEDGE FUND REGULATION IN LUXEMBOURG
129 4.1.2 EMERGING EUROPEAN HEDGE FUND JURISDICTIONS 132 4.1.2.1
OVERVIEW OF HEDGE FUND REGULATION IN ITALY 132 4.1.2.2 OVERVIEW OF HEDGE
FUND REGULATION IN FRANCE 135 4.1.2.3 OVERVIEW OF HEDGE FUND REGULATION
IN SPAIN 138 4.1.2.4 OVERVIEW OF HEDGE FUND REGULATION IN GERMANY 141
4.2 HEDGE FUND REGULATION IN THE UK 145 4.3 DIFFERENCES AND SIMILARITIES
BETWEEN EUROPEAN REGULATORY SCHEMES.. 150 4.3.1 MAIN DIFFERENCES BETWEEN
EUROPEAN HEDGE FUND REGULATORY SCHEMES 150 4.3.2 MAIN SIMILARITIES
BETWEEN EUROPEAN HEDGE FUND REGULATORY SCHEMES 154 4.3.3 CONCLUSIONS
DRAWN FROM THE COMPARISON OF DOMESTIC SCHEMES 157 4.4 CONCLUDING REMARKS
AND HEDGE FUND REGULATION IN THE US 158 CHAPTER 5 EUROPEAN HEDGE FUND
INITIATIVES AND REGULATORY PROPOSALS 165 5.1 INTRODUCTION 165 5.1.1 THE
PURVIS REPORT AND THE EUROPEAN PARLIAMENT RESOLUTIONS.. 166 XI HEDGE
FUND REGULATION IN THE EUROPEAN UNION 5.1.2 THE EUROPEAN COMMISSION S
INVOLVEMENT IN THE REGULATORY DEBATE 168 5.1.3 THE ALTERNATIVE
INVESTMENT EXPERT GROUP REPORT 172 5.1.4 THE ECOFIN S INVOLVEMENT IN THE
REGULATORY DEBATE 175 5.1.5 THE ECB S APPROACH TO HEDGE FUNDS 177 5.2
CONCLUDING REMARKS AND RECENT DEVELOPMENTS IN THE US 181 PART THREE
EUROPE S ONSHORE HEDGE FUND INDUSTRY: A NORMATIVE PROPOSAL
...............191 CHAPTER 6 HARMONIZED HEDGE FUND REGULATION IN THE
EUROPEAN UNION............. 193 6.1 INTRODUCTION 193 6.1.2 REGULATORY
ARCHITECTURE 193 6.1.2.1 THE GEOGRAPHICAL DIMENSION OF HEDGE FUND
REGULATION 193 6.1.2.2 TYPE OF REGULATION 215 6.1.2.2.1 EXTERNAL VERSUS
SELF-REGULATION 216 6.1.2.2.2 DIRECT VERSUS INDIRECT REGULATION 226 6.2
PROPOSED SET-UP AND CONTENTS OF A EUROPEAN FRAMEWORK 236 6.2.1 A
SELF-CONTAINED OR A SUBORDINATE REGULATORY FRAMEWORK? ....236 6.2.2 A
SINGLE, ALL-ENCOMPASSING REGIME OR A PARTIAL SOLUTION? ....240 6.2.3
PROPOSED CONTENTS OF EUROPEAN HEDGE FUND REGULATORY FRAMEWORK 242
6.2.3.1 SYSTEMIC STABILITY-INSPIRED DIRECT REGULATORY MEASURES 243
6.2.3.2 SYSTEMIC STABILITY-INSPIRED INDIRECT REGULATORY MEASURES 252
6.2.3.3 INVESTOR PROTECTION-INSPIRED AND TRANSPARENCY- MOTIVATED DIRECT
REGULATORY MEASURES 258 6.3 CONCLUDING REMARKS 263 CHAPTER 7 HEDGE FUND
REGULATION AND EUROPE S SUPERVISORY AND FINANCIAL STABILITY ARRANGEMENTS
7.1 INTRODUCTION. XLL .267 TABLE OF CONTENTS 7.1.1 IMPACT OF SUPERVISORY
ARRANGEMENTS ON THE EFFICIENCY OF HARMONIZED REGULATION 268 7.1.2 IMPACT
OF EUROPE S FINANCIAL STABILITY FRAMEWORK ON INFORMATION SHARING 278 7.2
CONCLUDING REMARKS 293 CHAPTER 8 ENDNOTE - WHAT OBJECTIONS TO HEDGE FUND
REGULATION? 295 8.1 INTRODUCTION 295 8.1.1 HEDGE FUND RISKS HAVE NOT
BEEN CLEARLY DEMONSTRATED 295 8.1.2 THERE IS NO DEFINITION OF HEDGE
FUNDS 298 8.1.3 REGULATION IS INCOMPATIBLE WITH HEDGE FUNDS 299 8.1.4
REGULATION WILL DRIVE HEDGE FUNDS OFFSHORE 301 8.1.5 THE CRISIS HAS
SHOWN HEDGE FUND REGULATION TO BE UNNECESSARY 304 8.2 CONCLUDING
REMARKS 308 LIST OF REFERENCES 311 INDEX 343 XLLL
|
any_adam_object | 1 |
author | Athanassiou, Phoebus |
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geographic | Europäische Union. Mitgliedsstaaten |
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id | DE-604.BV036038140 |
illustrated | Not Illustrated |
indexdate | 2024-07-09T22:09:57Z |
institution | BVB |
isbn | 9789041128560 9041128565 |
language | English |
lccn | 2009378195 |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-018930072 |
oclc_num | 317929373 |
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owner | DE-12 DE-M382 |
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physical | XXX, 348 S. |
publishDate | 2009 |
publishDateSearch | 2009 |
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publisher | Wolters Kluwer Law & Business |
record_format | marc |
series | International banking and finance law series |
series2 | International banking and finance law series |
spelling | Athanassiou, Phoebus Verfasser aut Hedge fund regulation in the European Union current trends and future prospects Phoebus Athanassiou Austin [u.a.] Wolters Kluwer Law & Business 2009 XXX, 348 S. txt rdacontent n rdamedia nc rdacarrier International banking and finance law series 9 Literaturverz. S. 311 - 342 und Index Hedge Fund - Recht - Europäische Union idsbb Recht Hedge funds Law and legislation European Union countries Europäische Union. Mitgliedsstaaten International banking and finance law series 9 (DE-604)BV021464333 9 GBV Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018930072&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Athanassiou, Phoebus Hedge fund regulation in the European Union current trends and future prospects International banking and finance law series Hedge Fund - Recht - Europäische Union idsbb Recht Hedge funds Law and legislation European Union countries |
title | Hedge fund regulation in the European Union current trends and future prospects |
title_auth | Hedge fund regulation in the European Union current trends and future prospects |
title_exact_search | Hedge fund regulation in the European Union current trends and future prospects |
title_full | Hedge fund regulation in the European Union current trends and future prospects Phoebus Athanassiou |
title_fullStr | Hedge fund regulation in the European Union current trends and future prospects Phoebus Athanassiou |
title_full_unstemmed | Hedge fund regulation in the European Union current trends and future prospects Phoebus Athanassiou |
title_short | Hedge fund regulation in the European Union |
title_sort | hedge fund regulation in the european union current trends and future prospects |
title_sub | current trends and future prospects |
topic | Hedge Fund - Recht - Europäische Union idsbb Recht Hedge funds Law and legislation European Union countries |
topic_facet | Hedge Fund - Recht - Europäische Union Recht Hedge funds Law and legislation European Union countries Europäische Union. Mitgliedsstaaten |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018930072&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
volume_link | (DE-604)BV021464333 |
work_keys_str_mv | AT athanassiouphoebus hedgefundregulationintheeuropeanunioncurrenttrendsandfutureprospects |