The age of the train
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Fragmentation, competition and the EU CSD landscape
There is growing attention from policymakers on the design and functioning of the market for central securities depository (CSD) services in the EU.1 This is an important debate with implications for investment and the real economy. The efficiency of trading and post-trading services affects overall execution costs for… Read More
Justice for hire? Opportunities and challenges in third-party litigation funding in competition collective actions
In many jurisdictions, collective actions in competition law have become an important route for consumers and businesses to seek redress. Yet these cases are costly and complex. Third-party litigation funding (TPLF) has emerged as a central mechanism for making them viable. Recent UK experience provides important lessons on the opportunities… Read More