1. Introduction -- 2. The research design -- 3. The making of the single market in financial services -- 4. Governing banking in the EU -- 5. Governing securities markets in the EU -- 6. Governing post-trading in the EU -- 7. An overall cross-sectoral assessment -- 8. The EU response to the...

Originating from a networked committee of national supervisory authorities with limited decision-making powers, the European Securities and Markets Authority (ESMA) has become a prominent regulator in European financial sector governance since 2008. It is the single supervisor of credit rating...