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obligations on material corporate information. Lawmakers on either side of the Atlantic strive to pursue the same goals of market …, price-sensitive information that directly concerns them (so-called ‘inside information’), while in the United States the … disclosure of corporate information is mostly periodic or triggered by the occurrence of specific events or changes.By comparing …
Persistent link: https://www.econbiz.de/10014254230
information facilitates front running that allows members to reduce conflicts in their trading books. Designated banks then engage … theory to show how an interbank lending rates cartel can be sustained by preemptive portfolio changes. Exchange of …
Persistent link: https://www.econbiz.de/10011791538
information facilitates front running that allows members to reduce conflicts in their trading books. Designated banks then engage … theory to show how an interbank lending rates cartel can be sustained by preemptive portfolio changes. Exchange of …
Persistent link: https://www.econbiz.de/10011780773
Persistent link: https://www.econbiz.de/10011530931
This report provides a review of the academic literature relevant to the mandatory adoption of IFRS reporting for member countries of the European Union in 2005 and an empirical analysis of the associated capital-market effects. In the empirical analysis, we focus on the effects on firms' costs...
Persistent link: https://www.econbiz.de/10013134136
In recent years, reporting under International Financial Reporting Standards (IFRS) became mandatory in many countries. The capital-market effects around this change have been extensively studied, but their sources are not yet well understood. This study aims to distinguish between several...
Persistent link: https://www.econbiz.de/10013072080
. Best execution has mainly been studied with respect to equity trading, which is generally exchange based and widely … regulated also with respect to market transparency. In this chapter, however, I focus on bond trading, which takes place … Commission under Article 65 (1) of the MiFID, examining whether the requirements for pre-trade and post-trade information should …
Persistent link: https://www.econbiz.de/10013157874
-section 2).(4) The notification, transparency and information requirements laid down in Articles 10-12 of the proposed … existing legal acts which constitute sources of EU financial law, the evaluation clause and the application of the “comitology … procedure” (Sub-sections 1-3, respectively).The study ends with the concluding remarks.The cut-off date for information …
Persistent link: https://www.econbiz.de/10012911693
were signed into law, while Cumming et al. (2011) pick date the date the regulations were implemented with organizational …
Persistent link: https://www.econbiz.de/10012894719
We present and analyze a novel set of enforcement data from the European Securities Market Authority during the period following the European Union's harmonized rule setting on securities market abuse. The data show significant differences in the intensity of enforcement across Europe. The...
Persistent link: https://www.econbiz.de/10013006705