Skip to main content

Research Repository

Advanced Search

All Outputs (42)

EU Prospectus Regulation (2024)
Book Chapter
Schammo, P. (in press). EU Prospectus Regulation. In P. Giudici, & J. A. McCahery (Eds.), Research Handbook on EU Securities Regulation. Edward Elgar Publishing

Integrating Sustainable Finance into the Prospectus Regulation (2023)
Book Chapter
Chiu, I., & Schammo, P. Integrating Sustainable Finance into the Prospectus Regulation. In K. Alexander, M. Gargantini, & M. Siri (Eds.), The Cambridge Handbook of EU Sustainable Finance: Regulation, Supervision and Governance. Cambridge University Press

The question of whether ‘specialist’ securities such as use-of-proceeds green bonds should be subject to a greater level of regulation has attracted considerable attention among policymakers and market actors. Much is at stake, especially because the... Read More about Integrating Sustainable Finance into the Prospectus Regulation.

Of standards and technology: ISDA and technological change in the OTC derivatives market (2021)
Journal Article
Schammo, P. (2021). Of standards and technology: ISDA and technological change in the OTC derivatives market. Law and Financial Markets Review, 15(1-2), 3-37. https://doi.org/10.1080/17521440.2022.2063030

For enthusiasts, distributed ledger technology (DLT) and smart contract technology (SCT) promise a future of frictionless interactions and decentralisation. In practice, however, it is widely acknowledged that this vision faces significant challenges... Read More about Of standards and technology: ISDA and technological change in the OTC derivatives market.

Institutional change in the Banking Union: the case of the Single Supervisory Mechanism (2021)
Journal Article
Schammo, P. (2021). Institutional change in the Banking Union: the case of the Single Supervisory Mechanism. Yearbook of European Law, 40, 265-309. https://doi.org/10.1093/yel/yeab002

This article is about institutional change in the Banking Union. It has two related aims. The first is to engage with the law of the Single Supervisory Mechanism (SSM)—the first pillar of the Banking Union—and in this context to discuss tensions that... Read More about Institutional change in the Banking Union: the case of the Single Supervisory Mechanism.

Banking Union and Brexit: the challenge of geography (2019)
Book Chapter
Schammo, P. (2019). Banking Union and Brexit: the challenge of geography. In G. Lo Schiavo (Ed.), The European Banking Union and the role of law (87-107). Edward Elgar Publishing

At the heart of the discussions on Brexit are issues about the future balance between the mobility and place-dependency of cross-border flows and networks. This chapter examines this issue against the background of the internal market and the Banking... Read More about Banking Union and Brexit: the challenge of geography.

Inaction in macro-prudential supervision: assessing the EU's response (2019)
Journal Article
Schammo, P. (2019). Inaction in macro-prudential supervision: assessing the EU's response. Journal of Financial Regulation, 5(1), 1-28. https://doi.org/10.1093/jfr/fjz001

In the macro-prudential literature, ‘inaction bias’ describes the supposed tendency of macro-prudential actors to favour inaction over action when considering the use of macro-prudential tools. While inaction bias is a topic of much interest in macro... Read More about Inaction in macro-prudential supervision: assessing the EU's response.

‘Undisruption’ in the SME funding market: information sharing, finance platforms and the UK bank referral scheme (2019)
Journal Article
Schammo, P. (2019). ‘Undisruption’ in the SME funding market: information sharing, finance platforms and the UK bank referral scheme. European Business Organization Law Review, 20(1), 29-53. https://doi.org/10.1007/s40804-019-00139-x

Since the financial crisis, various policy initiatives have been adopted in the UK with a view to improve access to finance for SME businesses. One of these initiatives is the bank referral scheme. Under this scheme, incumbent banks must pass on info... Read More about ‘Undisruption’ in the SME funding market: information sharing, finance platforms and the UK bank referral scheme.

Wightman is not the road to never-never land (but would you rather plunge into the Brexit abyss?) (2019)
Journal Article
Schammo, P. (2019). Wightman is not the road to never-never land (but would you rather plunge into the Brexit abyss?). The Company Lawyer, 40(2), 37-38

Discusses the potential effects of Brexit for the UK financial sector, and considers, with reference to Wightman v Secretary of State for Exiting the European Union (C-621/18) (ECJ), the implications of unilaterally cancelling the withdrawal process.... Read More about Wightman is not the road to never-never land (but would you rather plunge into the Brexit abyss?).

Actions and inactions in the investigation of breaches of Union law by the European Supervisory Authorities (2018)
Journal Article
Schammo, P. (2018). Actions and inactions in the investigation of breaches of Union law by the European Supervisory Authorities. Common Market Law Review, 55(5), 1423-1456

This article takes stock of one of the major innovations under the European System of Financial Supervision (ESFS): the breach of Union law procedure. Under this procedure, the European Supervisory Authorities (ESAs) have a key role to play in polici... Read More about Actions and inactions in the investigation of breaches of Union law by the European Supervisory Authorities.

Caught in a cross-fire? The US CFTC and the European Commission’s proposals on third-country CCPs (2018)
Journal Article
Schammo, P. (2018). Caught in a cross-fire? The US CFTC and the European Commission’s proposals on third-country CCPs. The Company Lawyer, 39(9), 277-278

Reviews proposed European Commission amendments to the rules in Regulation 648/2012 concerning central counterparties (CCPs) providing services in the EU. Considers the implications for the UK in its post-Brexit role as a third country, the oversight... Read More about Caught in a cross-fire? The US CFTC and the European Commission’s proposals on third-country CCPs.

The Commission's agenda on financial supervision: forging ahead of Brexit [editorial comments] (2017)
Journal Article
Schammo, P. (2018). The Commission's agenda on financial supervision: forging ahead of Brexit [editorial comments]. The Company Lawyer, 39(1), 1-2

Reflects on European Commission proposals for the European System of Financial Supervision (ESFS) which attempt a re-definition of supervisory competence between Member States and the EU and reform the governance of European Supervisory Authorities.... Read More about The Commission's agenda on financial supervision: forging ahead of Brexit [editorial comments].