Part IV The International Dimension: New Challenges, 13 Developments Regarding Global Cooperation in Supervision of Financial Markets »
Antoine Van CauwenbergeFrom: Financial Regulation and Supervision: A post-crisis analysis
Edited By: Eddy Wymeersch, Klaus J Hopt, Guido Ferrarini
13.01 The public authorities responsible for the regulation of financial markets and for supervising compliance with securities laws share as common objectives the protection of investors, ensuring that markets are fair, efficient, and transparent, and reducing systemic risk. Satisfying these central objectives of securities regulation requires effective and rigorous supervision and enforcement. Both supervision of financial markets and enforcement of compliance with the securities regulations have become more challenging due to the mobility of capital, the...