Ewolucja regulacji prawnych i zmiany wielkości rynku funduszy inwestycyjnych w Unii Europejskiej
Regulatory framework and size of investment fund sector in the European Union
Author(s): Katarzyna Perez, Grzegorz BorowskiSubject(s): Supranational / Global Economy, Financial Markets
Published by: Kancelaria Sejmu
Keywords: UCITS directive; AIFM directive; MiFID directive; investment funds; single investment fund market; single passport
Summary/Abstract: The article looks at the evolution of regulatory framework and size of investmentfund market in the EU. The authors describe the three-stage evolution of the EUregulations determining the growth of the size of this market: (1) investor protection,(2) creation and strengthening the single financial market in the EU, and (3) protect‑ing stability and integrity of the market. Particular attention is given to the last stage,as they claim that the post-crisis regulations allowed the EU single investment fundmarket to gain the trust of investors, which has resulted in its expansion and im‑proved competitiveness.
Journal: Studia BAS
- Issue Year: 2018
- Issue No: 1
- Page Range: 77-99
- Page Count: 23
- Language: Polish