Details

Autor(en) / Beteiligte

• D'Alvia, Daniele
• Lombardi, Ettore Maria
• Shachmurove, Yochanan

Titel

Alternative Acquisition Models and Financial Innovation: Special Purpose Acquisition Companies in Europe, and the Italian Legal Framework

Auflage

1

Ort / Verlag

Oxford: Routledge

Erscheinungsjahr

2024

Link zum Volltext

Quelle

Alma/SFX Local Collection

Beschreibungen/Notizen

• This is the first book in English on Special Purpose Acquisition Companies (SPACs) in the context of European and Italian financial law, introducing the topic with a general overview at the European level. It is also the first book on the European financial regulation of SPACs. As such, it is a groundbreaking reference book for SPAC studies at the international level. Alternative Acquisition Models and Financial Innovation: Special Purpose Acquisition Companies in Europe, and the Italian Legal Framework offers the most comprehensive overview of the current international financial regulation of SPACs in the EU and the UK against the main legal system where SPACs originate: the US. This edited book is focused on finding a European legal framework for SPACs by discovering whether the Alternative Investment Fund Managers Directive (AIFMD) or the Undertakings for the Collective Investment in Transferable Securities Directive (UCITS) are applicable to them or not, and why; and identifying the objectives of financial regulation of SPACs in the EU, the US and the UK. Essentially, the edited collection explores soft law and self-regulation instances against the state-based Westphalian approaches that are centred on hard law instances; describes practical examples of SPACs in Italy and Europe; and analyses the limits and perspectives of such investment vehicles on the Italian capital market as well as their possible uses as forms of shadow banking and venture companies at the international level.