IMPROVEMENT OF THE SECURITIES SETTLEMENT SYSTEM IN THE EUROPEAN UNION
Journal Title: Вісник Київського національного університету імені Тараса Шевченка. Економіка. - Year 2014, Vol 1, Issue 154
Abstract
The paper describes the main stages and results of improvement of the regulation of the stock market, including the securities settlement, the need for which was caused by the financial crisis and recession in Europe. The paper constitutes the existing features of securities settlement in the stock markets of the EU and presents the measures and proposals to improve the settlement of securities transactions. Measures taken to improve the system of settlement of securities transactions in the EU, as well as proposals that are in the approval status designed to improve the performance of the EU stock markets. In general, the proposed policy should facilitate the ability of borrowers to raise capital and investors – to place surplus funds more safely and effectively, with greater benefit to the economy. The expected increase in competition should improve the quality of financial services and reduce costs, especially for transnational services, which leads to immediate benefits for issuers. Nevertheless, in the medium and long term, it is obvious that the EU stock markets continue their consolidation in order to obtain maximum benefits from the economies of scale created.
Authors and Affiliations
Daiva Jurevičienė, Mariya Borovikova
Keywords
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- EP ID EP402999
- DOI 10.17721/1728-2667.2014/154-1/8
- Views 57
- Downloads 0
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