On 3 May 2005, the Committee of European Securities Regulators (CESR) has presented the second part of its final advice on implementing measures of the EC Directive for Markets in Financial Instruments (MiFID). Against the background of the abstract framework of the Directive, the advice defines...

The European Union is one of the three largest actors in world trade and one of the world’s most influential regulators. This chapter gives an overview over the European Union’s rules for intra-EU trade, describing the EU customs union and its internal market including the “four...