Set-Off and Netting, Derivatives, Clearing Systems (2nd edition)

Set-Off and Netting, Derivatives, Clearing Systems (2nd edition)

By: Philip Wood (author)Hardback

Up to 2 WeeksUsually despatched within 2 weeks


Helps you reduce exposure to risk in international financial contracts * Gives practical guidance on set-off and netting, derivatives and clearing systems, in virtually all the world#s jurisdictio ns so you can help your clients to reduce exposure to risk and transaction costs in cross-border financial contracts* Provides you with a worldwide comparative study of set-off and netting includin g a survey of special netting statutes globally so you can apply the appropriate legislation, directives and case law correctly, no matter where the parties are based or operating* Provides outline s of set-off and netting agreements including group account netting, together with commentary so you can draft agreements easily* Covers all types of derivatives and derivative markets and the lega l risks that may arise so you are clear on the law surrounding how these should be agreed* Gives you clear outlines for swaps and derivatives transactions, clarifying the terms used to help you wit h this complex area * Discusses the legal risks of derivatives so you know what to look out for* Analyses the ISDA master agreement giving you expert guidance on its meaning and how it can be use d in practice#Deals with the law of securities and settlement systems so that you know how the law and systems can be used effectively and efficiently


Introduction. Part one # Set-off and Netting. Principles of Set-off and Netting. Insolvency set-off and netting. Set-off between solvent parties. Mutuality. Set-off against interveners; assignees, attaching creditors,undisclosed principals and others. Conflict of laws for set-off and netting. Special netting statutes. World summary of set-off and netting. Outlines of set-off and netting agreements and commentary. Part two # Derivatives. Types of Derivatives. Derivatives Markets. Documentation of Derivatives and the ISDA Forms. Legal and other Risks. Part three # Payment and Securities Clearing Systems. Operation of Payment Systems. Insolvency Risks in Payment Systems. Time of Payment. Bank Liabilities in Payment Systems. Payment Systems and Conflict of Laws. Securities Settlement Systems.

Product Details

  • ISBN13: 9781847032133
  • Format: Hardback
  • Year: (Volume 4 in the Series)
  • Number Of Pages: 397
  • ID: 9781847032133
  • ISBN10: 1847032133
  • edition: 2nd edition

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  • Saver Delivery: Yes
  • 1st Class Delivery: Yes
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  • Store Delivery: Yes

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