Abstract
As part of their ‘Single Market’ programme, the 18 members of the European Economic Area (EEA) are adopting a series of directives in the financial sector that mark an interesting experiment in international regulation.1 This paper will concentrate on banking and investment services, but the central concept of the ‘home’ country authorisation being a ‘passport’ to allow firms to operate anywhere in the EEA is common to all the directives.
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© 1997 The Regulatory Policy Institute
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Alcock, A. (1997). Experiencing regulatory harmonization: The UK implementation of the investment services directive. In: Jeunemaître, A. (eds) Financial Markets Regulation. Studies in Regulation. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-25867-3_14
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DOI: https://doi.org/10.1007/978-1-349-25867-3_14
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-25869-7
Online ISBN: 978-1-349-25867-3
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)