{"id":663,"date":"2024-05-07T17:52:28","date_gmt":"2024-05-07T15:52:28","guid":{"rendered":"https:\/\/www.uni.lu\/lcel-en\/?post_type=events&p=663"},"modified":"2024-09-16T10:01:05","modified_gmt":"2024-09-16T08:01:05","slug":"harmonization-of-administrative-sanctions-and-procedures-in-european-union-financial-markets-law-towards-a-european-model","status":"publish","type":"events","link":"https:\/\/www.uni.lu\/lcel-en\/events\/harmonization-of-administrative-sanctions-and-procedures-in-european-union-financial-markets-law-towards-a-european-model\/","title":{"rendered":"Harmonisation of administrative sanctions and procedures in European Union financial markets law: towards a European model?"},"content":{"rendered":"\n
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The Luxembourg Centre for European Law (LCEL) invites you to an international conference exploring how to improve the effectiveness of enforcement in the European financial markets law. While effective enforcement is indispensable for proper functioning of the financial markets, in the EU enforcement poses a particular challenge and has not received enough research attention. Despite efforts towards greater harmonisation, the current legal landscape remains fragmented and, in some areas, practically incoherent, justifying the questions how to improve the legal system to achieve efficient enforcement.<\/p>\n\n\n\n

The conference aims at examining which substantive and procedural rules in the EU financial markets law, with particular focus on administrative sanctions for misrepresentation, could benefit from greater harmonisation at the EU level and what reforms could improve the Member State financial markets law, with the aim of achieving credible deterrence in the enforcement of securities regulation as requested also by the International Organisation of Securities Commissions (IOSCO). Several key jurisdictions will be covered. The effectiveness of sanctions is important not just from perspective of financial system integrity but also from an overarching context of societal demands for accountability in the financial sector and by the growing concerns from failures of national financial supervisors to prevent the financial scandals and questions about the market outlook of the diverging supervisory practices.<\/p>\n\n\n\n

The conference will bring together leading scholars, experts and financial market supervisors who will examine the topics of supervisory convergence of the EU capital markets law enforcement, the evolution, effectiveness and challenges of administrative sanctions in European capital markets law, improving and reforming of the enforcement of the EU capital markets law, national designs, differences and experiences with administrative sanctions and enforcement, transatlantic and global view on securities enforcement, challenges of credible deterrence of securities regulation, and intersection of public and private enforcement of the EU capital markets law.<\/p>\n\n\n\n