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Enforcement of Capital Markets Law in Europe – Observations from a Civil Law Country
Rüdiger Veil
Journal:

European Business Organization Law Review (EBOR) / Volume 11 / Issue 3 / September 2010

Published online by Cambridge University Press:

09 November 2010, pp. 409-422

Print publication:

September 2010
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The European capital markets law imposes no precise requirements as to its enforcement. The four Framework Directives only state that Member States are to ensure that appropriate sanctions are imposed. This article analyses the different approaches to supervision of stock markets in Europe and the enforcement through private law.