In November 2015 an article by Professor Dr. Thomas M.J. Möllers was published in the Canadian Journal Banking and Finance Law Review. Under the title "European Legislative Practice 2.0: Dynamic Harmonisation of Capital Markets Law - MiFID II and PRIIP" Prof. Möllers discusses four problems in the context of current European legislation: The relationship between minimum and full harmonisation, the advance of the national legislator, the relationship between directives and directly applicable regulations, and the influence of European law on non-harmonised national law. These legal-dogmatic questions are discussed on the basis of three basic principles of capital market law: Duty to inform, handling conflicts of interest and effective law enforcement.

Search