EUROPEAN INVESTMENT SERVICES MARKET GOVERNANCE — AN INSTITUTIONAL APPROACH
Abstract and keywords
Abstract (English):
The article discusses regulatory regime of the European financial market in its institutional aspect. Research is done as a comprehensive analysis of institutionalized European Union financial market as a complex of the five elements that determine it, namely: (1) MiFID, (2) MAR, (3) EMIR, (4) CRR and CRD, (5) AMLD. The development of financial market institutions is derived as ex-post and ex-ante reactions that determines the logic of establishing anew and transitioning to updated regulatory regimes (MiFID => MiFID II, AMLD III =>AMLD IV => AMLD V, Basel II => Basel III).

Keywords:
financial institution, regulatory regime, European regulated market, MiFID, MAR, EMIR, CRD, CRR, AMLD.
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