TY - BOOK AU - Pennesi,Francesco TI - Equivalence in financial services: a legal and policy analysis T2 - EBI studies in banking and capital markets law SN - 9783030992682 U1 - 346.8024 23 PY - 2022/// CY - Cham, Switzerland PB - Palgrave Macmillan KW - Financial services industry KW - Law and legislation KW - European Union countries KW - Financial institutions KW - State supervision N2 - "Equivalence in Financial Services offers a comprehensive and cross-industry examination of the rules and procedures under EU financial legislation dedicated to third-country market actors. The equivalence regime has become particularly topical after Brexit, as the United Kingdom is now a third country from the perspective of the European Union. This book investigates whether the current equivalence system is fit for its purpose, namely facilitating cross-border finance while minimizing as extensively as possible financial risks. After describing how the European Commission adopts equivalence measures, the book examines the implementation of the equivalence regime for the following entitites : credit rating agencies, benchmarks, trading venues, investment firms, investment funds, central securities depositories, trade repositories, and central counterparties. Adressing the most recent policy and legal developments, Equivalence in Financial Services provides an insightful guide into this complex area of financial regulation for scholars of financial regulation, legal practitioners, and policy makers."-- ER -