By Joanna Benjamin

Description

The traditional financial market sectors of insurance, commercial banking, derivatives, capital markets and asset management are converging in practice, but their analysis is still largely sector-based. Financial Law offers a cross-sectoral, functional approach. It highlights anomalies in the different legal treatment of the respective sectors (suggesting law reform to some, and arbitrage opportunities to others) and identifies key trends.

This book offers an integrated approach to financial law which is both useful and timely, as the markets have been converging for over two decades. Functions traditionally performed in one sector are now undertaken in another, and financial techniques are emerging which combine characteristics of different traditional transaction types. Investment banks increasingly offer new structured products in a range of alternative legal wrappers. Securitization--particularly in association with credit derivatives--continues to be a dominant force, drawing ever more categories of business into the capital markets.

Innovations such as these have been associated with a high level of legal risk, and the cross-sectoral freedoms offered by deregulation have not been fully exploited. This book presents financial law as a discrete branch of law, to be considered in the round; it will therefore provide the practitioner, scholar or regulator with a complete, unfragmented view of the subject.

Features

• Clear and accessible work on complex and dynamic branches of financial law and practice
• Facilitates understanding of cross-sector issues
• Enables practitioners to draw cross-sector comparisons, manage legal risk and identify business development opportunities
• Based on cutting edge practice and academic analysis
• covers a full range of topics including asset management and insurance

Table of Contents

Part I: Introduction
1. Terms of Reference

2. Credit Risk

Part II: Simple Financial Positions
3. Overview

4. Transaction Types

5. Comparison of Simple Financial Positions

6. Trends

Part III: Funded Positions
7. Overview

8. Options for Raising Capital

9. Managed Funds

10. Regulation of Funded Positions: 5 Points of Comparison

Part IV: Net Positions
11. Overview

12. Set off and Netting

13. Title Transfer Collateral Arrangements

14. The Rise of Net Positions

Part V: Asset backed positions
15. Overview

16. Property Rights

17. Security

18. Asset-backed Securities

19. Indirectly Held Securities

20. Financial Collateral

21. Trends

Part VI: Markets and Regulatory Projects
22. Overview

23. Market forces in financial law and regulation

24. Judges, markets and consumers

25. The arms length regulatory project

26. The fiduciary project

27. The consumerist project

Published Year: 2007 Format: Hard Back ISBN: 9780199282937 Publisher: Oxford University Press No of Pages: 712 Our Price: £ 175.00 Reviews: 0 reivew(s).

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