What is it about?
The study wants to underline the impact that globalization of financial markets has on national punishment policies
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Why is it important?
While many entities, at the EU level, are discussing about a lex mercatoria for the financial markets to govern the integration process, this study highlights the importance of three fundamental issues: the levl of censorship; forms and nature of responsibility; punitive models and their micro and macro-economic effects.
Perspectives
The article offers insights into criminal and private law remedies to fight financial market abuse in a global dimension, through the use of general principles of contraxìctual and tort law, which are common among many EU member States, as culpa in eligendo, culpa in vigilando, duty of information, duty of care...
Professor Alessandra Pera
University of Palermo
Read the Original
This page is a summary of: Legal questions on financial market abuse, Journal of Financial Crime, January 2015, Emerald,
DOI: 10.1108/jfc-01-2014-0003.
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