Standardization of Terminology Used in the EU Financial Services Legislation
| Authors | |
|---|---|
| Year of publication | 2014 |
| Type | Article in Proceedings |
| Conference | Dny práva 2013 - Days of Law 2013 Část IX. Interakce soukromého a finančního práva |
| MU Faculty or unit | |
| Citation | |
| Web | http://www.law.muni.cz/sborniky/dny_prava_2013/09_Interakce_soukromeho_a_financniho_prava.pdf |
| Field | Law sciences |
| Keywords | financial services; financial markets; terminology; implementation; White Paper on Financial Services 2005-2010; cross-sectoral study; professional client; qualified investor; financial holding company; shareholder |
| Description | Consistent terminology used in the EU financial services legislation is one of the core requirements for both proper implementation of EU directives and consistent interpretation of EU law by the national courts. The author has outlined the development of the European Commission´s approach to this requirement and especially the cross-sectoral study, which was published in 2010. The author explains that the cross-sectoral study should be extended and also points out the expected trends in further legislation. |
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