Filippo Annunziata – författare

Assessing the principles and rules governing the MAR disclosure regime as well as the mechanisms of market manipulation, Filippo Annunziata examines the important role of AI systems in the prompt disclosure of inside trading information. The author analyses the threat of breaches in disclosure protocol posed by technological malfunctions, as well as the opportunities and drawbacks presented by market manipulation in algorithmic trading. This incisive book goes on to argue for greater trading venue monitoring and the installation of adequate systems that can analyse, predict and thus anticipate situations that result in market manipulation.

A state-of-the-art study analysing the impact of AI in relation to MAR from both a disclosure regime and an algorithmic trading perspective, this book will be critical reading for researchers interested in the law on AI, and in the regulation of global financial trading and market regulation. It will also be of interest to practitioners and policymakers working in the global financial sector.

The relationship between EU and national law has taken up new forms and dimensions in the context of EU financial legislation. The wide reforms introduced in the EU financial architecture over the past years raised new issues and opened new perspectives, stimulating paramount discussions and debates that are far from being settled. Issues concerning the interplay between EU and national law relate to all the dimensions of EU financial legislation: the principles and solutions that are consolidating in this area are also likely to set the standard within other fields of EU policy and legislation. Considering, for example, legal sources, the need to foster higher levels of harmonisation among the legislations of member states needs to be balanced against the complex mechanism of options and discretions, as well as with the application of the principle of proportionality  embedded in most of the fundamental texts of European financial legislation. Enforcement and institutional interplay are striking examples of the complexities of the new system. The application of traditional principles comes at grips with the continuous effort, by EU institutions and by the European Supervisory Authorities (ESAs), to set the ground for a stronger backbone of common principles for the application of EU legislation. This volume explores these topics in a new, multi-disciplinary perspective, that cuts across all relevant areas of European financial markets law.The relationship between EU and national law has taken up new forms and dimensions in the context of EU financial legislation. The wide reforms introduced in the EU financial architecture over the past years raised new issues and opened new perspectives, stimulating paramount discussions and debates that are far from being settled. Issues concerning the interplay between EU and national law relate to all the dimensions of EU financial legislation: the principles and solutions that are consolidating in this area are also likely to set the standard within other fields of EU policy and legislation. Considering, for example, legal sources, the need to foster higher levels of harmonisation among the legislations of member states needs to be balanced against the complex mechanism of options and discretions, as well as with the application of the principle of proportionality  embedded in most of the fundamental texts of European financial legislation. Enforcement and institutional interplay are striking examples of the complexities of the new system. The application of traditional principles comes at grips with the continuous effort, by EU institutions and by the European Supervisory Authorities (ESAs), to set the ground for a stronger backbone of common principles for the application of EU legislation. This volume explores these topics in a new, multi-disciplinary perspective, that cuts across all relevant areas of European financial markets law.

This book looks at the new phenomenon of Central Bank Digital Currency (CBDC) with a focus on the launch of the Digital Euro in the European Union. It contains treatment of the subject of CBDC from various perspectives, with each of the authors formulating viewpoints regarding this new phenomenon. It also offers an insightful assessment of the legal status of a central bank digital currency, engaging in the theoretical effort of testing the legal implications of the birth of a digital complement to cash. The chapters focus on the rationale for a digital Euro, its ability to aid financial inclusion, the constitutional foundations of the CBDC, demands of a digital euro on the side of the beneficiaries of the retail payment system, and the “mechanics” of the CBDC in relation to its issuance and governance. It will be of interest to financial services, banking, financial regulation, and monetary policy researchers and scholars alongside lawyers and policymakers. 

This book explores the various connections between Law and Opera, providing a comprehensive, multinational, and multidisciplinary (with approaches from jurists, philosophers, musicologist, historians) resource on the subject. Further, it makes a valuable contribution to studies on law and the humanities. While, for example, the relationship between law and literature has been extensively researched, the relationship between Law and Opera remains largely overlooked. The book approaches the topic from three perspectives in three main sections: Law in Opera, Law on Opera, and Law around Opera.