Transnational Securities Regulation
How it Works, Who Shapes it
Book Launch by Antonio Marcacci
Thursday, 15 June 2023, 3 pm (CEST)
The book provides an analysis of the emergence, evolution, and transformation of transnational securities regulation and of the influences from and the interactions between global regulatory powers in the field. Combining insights from law and political science, the work employs a two-tier complementary "on-the-books" and "in-action” approach. The more classical "on-the-books" approach draws on scholarship in United States and European Union securities regulation; transnational regulation and global administrative law; regime complexity; global governance studies; and the regulatory production of the International Organisation of Securities Commissions (IOSCO). The law in-action approach leverages the author’s experience as Compliance senior professional in a multinational financial institution as well as research interviews with senior IOSCO staff.
The author’s findings enable the reader to develop an original understanding of IOSCO, its standards, and its unique place in the transnational regulatory arena. They also challenge the doxa that the US are the only driving regulatory power in the securities area when in fact, other regulatory powers are emerging – for the time being, the EU. The balance has shifted and regulatory compromises are achieved at different points in the rule making process.
Online Event
Language: The event will be held in English.
The registration is closed.
Dr Antonio Marcacci
European University Institute Alunmus
Lecturer
Antonio Marcacci is Vice President at the Compliance Function of an EU Global Systemically Important Bank and Lecturer (Lehrbeauftragter) at the University of Passau, Germany, and at the University of Leipzig, Germany, where he gives courses in EU, US, and Chinese Banking and Financial Law. Antonio was awarded a PhD in Law by the European University Institute (EUI), Florence. During his PhD, Antonio visited the Faculty of Law of Humboldt-Universität zu Berlin (Germany) and the Law School of the University of Wisconsin-Madison (United States) for exchange programs, and had a short term temporary appointment at the World Bank in Washington, DC (United States). In his private sector experience, Antonio has worked in Europe (Milan and Munich), the Middle East (Abu Dhabi), and China (Shanghai). Alongside academic teaching, Antonio provides professional compliance training. Interested in the interface between academic research and professional banking and finance, Antonio has published several articles in leading journals, chapters in books edited by outstanding scholars, and two monographs with Palgrave Macmillan and Springer.
Prof. Pierre Henri Conac
Max Planck Fellow, Professor University of Luxembourg
Chair
Professor Pierre-Henri Conac is an esteemed Professor of Financial Markets Law at the University of Luxembourg. He founded the Master 2 in European Banking and Financial Law in 2007 and is recognized for his expertise in European, Luxembourg, and French corporate securities law. He holds degrees in business law, management, and political studies from reputable institutions, including an LL.M. from Columbia Law School. His influential work includes the award-winning publication "The regulation of securities markets by the French Commission des opérations de bourse (COB) and the US Securities and Exchange Commission (SEC)." Conac has actively participated in academic and official groups, such as the European Model Company Act (EMCA) Group and the Securities and Markets Stakeholder Group (SMSG) of the European Securities and Markets Authority (ESMA). He has made significant contributions to financial and company law policy-making at both Luxembourg and European Union levels. Prof. Conac is a respected speaker at international conferences and has conducted research at renowned institutions worldwide. He also serves in editorial roles for prominent legal journals, including the Revue Pratique de Droit des Affaires, Revue des Sociétés, and the European Company and Financial Law Review.
Dr Janet Austin
University of New Brunswick
Discussant
Dr Janet Austin, BCom (UNSW), LLB (UNSW), LLM (Sydney), PhD (Osgoode) is Professor at the Faculty of Law, University of New Brunswick (UNB), Canada. Prior to joining UNB, Dr Austin taught at the University of New South Wales, Sydney, Australia and spent many years as a senior prosecutor practiced as a lawyer for Australia’s corporate and securities regulator, the Australian Securities and Investments Commission and for private commercial law firms. Dr Austin expertise is in relation to issues surrounding the investigation and enforcement of offences that cross international jurisdictions, in particular securities offences and cybercrime. She has published many articles in these areas and is the author of Insider Trading and Market Manipulation: Investigating and Prosecuting across Borders, (Edward Elgar Publishing, UK, 2017) which has been translated and published in Mandarin. She is also an editor of Corporate Whistleblowing Regulation, Theory, Practice and Design (Springer Inc., 2020).
Dr Peter Knaack
American University
Discussant
Peter Knaack is an Associate at CEP as well as Adjunct Professor at the School of International Service, American University. He is also a Senior Research Associate at the Global Economic Governance Programme at the University of Oxford, and Research Associate at the Centre for Sustainable Finance at SOAS, University of London. His research focuses on global financial governance. He has worked and published on inclusive green finance, transatlantic coordination failure in derivatives regulation, the political economy of global banking regulation, China’s role in global financial governance, and the growing tension between nation-states and transgovernmental networks over the authority to govern cross-border economic activity. Peter graduated from the University of Southern California with degrees in Economics and International Relations. His doctoral research examined the gap between the financial regulatory reform commitments made by G20 leaders in the wake of the global financial crisis and the reality of their implementation.