The Cambridge Law Journal



Book Review

EC Securities Regulation. By NIAMH MOLONEY. [Oxford: Oxford University Press, 2002. lxxxix, 897, and (Index) 42 pp. Hardback £110.00. ISBN 0–19–8268912.].


Bernadette Seehafer 

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Abstract

FINANCIAL globalisation is bringing deep changes to Europe’s capital markets. Yet EC securities regulation is still an immature body of law with its underlying principles imprecisely articulated, if not sometimes ill defined. Niamh Moloney’s book now provides the first comprehensive study of EC securities regulation that both introduces its regulatory content and, in a more analytical approach, tries to distil its underlying principles from the patchwork of sources, to allow systematisation and critical evaluation. The book is timely, as the amount of legislation produced by European institutions makes an attempt at consolidation and analytical penetration ever more indispensable.