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Financial Regulatory Rulemaking in the European Union: When Expertise Meets Politics

Financial Regulatory Rulemaking in the European Union: When Expertise Meets Politics

Hardcover

Series: European Administrative Governance

Investing & FinanceGeneral Political Science

PREORDER - Expected ship date November 30, 2026

ISBN10: 3032370019
ISBN13: 9783032370013
Publisher: Palgrave MacMillan
Published: Nov 30 2026
Language: English

This book provides the first comprehensive examination of the European Union's binding technical standards regime, a specialized form of administrative rulemaking in EU financial services regulation. Drafted by the European Supervisory Authorities (ESAs) rather than the Commission, these standards were originally conceived as a narrow and depoliticized instrument for addressing technical matters rather than policy issues. But they have instead evolved into a central component of the EU financial services rulebook, often dealing with politically salient and contested regulatory issues. This has led to recurring tensions between the ESAs and the EU institutional partners over the scope and content of individual standards.

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Griffiths, Dilwyn

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General Political Science