Publication: European Legislative Practice 2.0: Dynamic Harmonisation of Capital Markets Law — MiFID II and PRIIP, 31 B.F.L.R., 141 – 176 (2015)
In November 2015 an article by Professor Dr. Thomas M.J. Möllers was published in the Canadian Journal Banking and Finance Law Review. Under the title "European Legislative Practice 2.0: Dynamic Harmonisation of Capital Markets Law - MiFID II and PRIIP" Prof. Möllers discusses four problems in the context of current European legislation: The relationship between minimum and full harmonisation, the advance of the national legislator, the relationship between directives and directly applicable regulations, and the influence of European law on non-harmonised national law. These legal-dogmatic questions are discussed on the basis of three basic principles of capital market law: Duty to inform, handling conflicts of interest and effective law enforcement.