Download or read book The Law of Financial Derivatives in Canada written by Margaret E. Grottenthaler and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Law on Financial Derivatives written by Alastair Hudson and published by Thomson Professional Pub Cn. This book was released on 1998 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite their significance in modern financing transactions, there is no law dealing specifically with derivatives. This work covers the commercial basis for the instruments and adapts existing legla principles from all fields in this area. Written for both lawyers and readers with no prior knowledge of the market, the book provides a comprehensive guide to the legal complexities of the derivatives market, enabling the reader to understand the structure of the products.
Download or read book The Development of Financial Derivatives Markets written by Sean M. O'Connor and published by . This book was released on 1993 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Law of Derivatives written by Simon James and published by CRC Press. This book was released on 2014-06-03 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focuses on the legal risks arising in English law in the course of derivatives transactions. It discusses the following issues: the legal risks arising in the negotiation and conduct of derivatives transactions; the regulation of the derivatives market; the capacity to enter into derivatives transactions and the standard term upon which this is done; the consequences of default by a counterparty; and the standard terms on which derivatives are entered into, particularly the ISDA Master Agreement.
Download or read book The Derivatives Revolution written by Raffaele Scalcione and published by Kluwer Law International B.V.. This book was released on 2011-01-01 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is now widely recognized that an uncontrolled "derivatives revolution" triggered one of the most spectacular worst-case scenarios of modern times. This book - the most cogent legal analysis of the subject yet to appear in any language - lays bare the core role played by the failure to adequately regulate derivatives in the financial crisis of recent years. The author's insistence that derivatives must be viewed not as profit-seeking investments but as risk management tools - and his well-grounded prescriptions to ensure that they are regulated in that way - sheds clear light on the best way for companies, financial institutions, and hedge funds to move forward in their use of these useful but highly hazardous instruments. This book clearly shows how such elements as the following fit into the legal analysis of derivatives, and how proper regulation will preserve their usefulness and economic value: ; derivatives allow for the most efficient and cost-effective risk fractioning, hence risk taking, techniques ever conceived; derivatives allow for all measurable and identifiable risks that may exist in modern finance; the ability to isolate risks and insure against risk exposures is the key to the very survival of modern financial markets; risk buyers effectively take on financial exposure to various types of risk while hedgers unload unwanted exposures; derivatives allow domestic investors to acquire exposure to foreign markets without the necessity of dealing with foreign laws, foreign investments, currency exchange, or foreign fiscal regimes; derivatives increase social welfare by making it easier and less expensive to carry out many types of financial transactions; derivatives allow governments to insulate, manage, hedge or concentrate risks deriving from financial, meteorological, and even geopolitical exposure; and derivatives allow radical changes to financial and risk structure to be performed silently and rapidly. To the question: how do we ensure that a company trading derivatives is regulated effectively? this work offers a clear and convincing answer. The author's detailed recommendations for regulatory and corporate governance measures are designed to prevent excessive risk taking, the emergence of rogue traders, and ultimately the emergence of another systemic disturbance caused by chains of derivatives-related losses.
Download or read book The Law on Financial Derivatives written by and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Law of Financial Derivatives written by Keith Blizzard and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Derivatives Law and Regulation written by Gary E. Kalbaugh and published by . This book was released on 2018-05-27 with total page 698 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regulating Financial Derivatives written by Alexandra G. Balmer and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis, which spanned 2007 and 2008, may have occurred ten years ago but the resulting regulatory implications are yet to be implemented. This book isolates the occurrences of the derivatives market, which were implied as the core accelerator and enabler of the global financial crisis. Offering a holistic approach to post-crisis derivatives regulation, this book provides insight into how new regulation has dealt with the risk that OTC derivatives pose to financial stability. It discusses the effects that post-crisis regulation has had on central counterparties and the risk associated with clearing of OTC derivatives. Alexandra G. Balmer offers a novel solution to tackle the potential negative externalities from the failure of a central counterparty and identifies potential new risks arising from post-crisis reforms. Comprehensive and astute, this book will provide legal and financial scholars, academics and lawyers with much food for thought. National supervisors and regulators will also benefit from an understanding of general market risks and factors affecting exposure to such risks.
Download or read book Financial Derivatives written by Jean-Claude Zerey and published by Nomos/Hart. This book was released on 2019 with total page 1104 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis has resulted in significant changes in the trading of financial derivatives. In particular, these affect regulatory and accounting requirements. To this extent, the handbook provides an in-depth review of these changes specifically oriented at the needs of lawyers and accountants as well as legal officers of insurance and capital investment companies. The following issues are addressed: Supervisory and not risk related requirements regarding indebtedness, stress-tested liquidity and consideration of CVA-risks as well as changes in the calculation of market risks and the division of the global counterparty risk. Clearing of OTC-derivatives including regulatory and insolvency issues. Accounting according to German Trade Law and IRFS. Application of BRRD and SAG rules on derivatives. Credit Default Swaps and secured refinancing according to ISDA 2014 Credit Derivative Definitions. Compliance with aspects of civil law effectiveness and liability as well as regulatory requirements. Risk management from the banking perspective including counterparty risk management and CVA-steering. Derivatives on energy and goods also in relation to regulatory requirements stemming from EMIR, REMIT and MiFiD. Legal situation in Luxembourg, Austria and Switzerland.
Download or read book The Law of Financial Derivatives in Ireland written by Keith Blizzard and published by . This book was released on 2011 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Law of Financial Derivatives in Ireland provides Irish practitioners, or anyone dealing with Ireland as a jurisdiction, with a comprehensive review of the issues raised under Irish law in respect of derivatives, together with a guide and explanations on how to manage, solve or avoid those issues. In addition, he pulls together a variety of materials which would be an invaluable point of reference for readers in dealing with legal issues arising in the course of derivatives trading. It: * Provides a comprehensive examination of Irish legislation and EU directives currently in place such as the Markets in Financial Instruments Directive (MiFID), funds regulation and other Central Bank regulatory requirements relating to the Irish market. * Discusses relevant common law with particular reference to contract law cases, e.g. the question of ultra vires and the interpretation of the ISDA Master Agreement. * Reviews the Irish law on gaming, insurance and the challenges of Irish insolvency law. * Explores the issues that arise where two parties agree to use Irish law as the governing law of their contract. * Presents a comprehensive examination of Irish case law and relevant cases from other jurisdictions, such as recent decisions arising from the collapse of Lehman Brothers Bank. * Examines the law on netting and set-off and the use of collateral in derivative trading. * Provides a detailed review of the law and regulation behind the market practice of dealing derivatives by telephone or electronic systems. * Presents a handy "primer" that equips you with a solid understanding of how derivatives products actually work. * Includes coverage of interest rate swaps, forward and futures, contracts for difference and spread bets, and warrants. About the Author Keith Blizzard originally qualified as a barrister in the UK. he has worked for Allen and Overy in London as a securitisation lawyer, JP Morgan in debt structured finance, and the Financial Services Authority on their Market Abuse team. In Ireland, he has worked as a derivatives lawyer for the Bank of Ireland and was the lawyer to the Capital Markets and Wealth division of Ulster Bank. he has lectured at the Irish Law Society for the last 5 years.
Download or read book Derivatives Law and Regulation written by Rasiah Gengarathan and published by Springer. This book was released on 2001-03 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a straightforward and up-to-date analysis of the wide range of issues surrounding the use of derivatives in common law countries. It is the only work of its kind that focuses on derivatives law and regulation in Australia, New Zealand, Singapore, Malaysia and Hong Kong. Topics covered include: the nature of derivatives key legal issues standard market documentation derivatives regulation recent market developments regulatory reform This work will be of significant interest to bankers, lawyers, regulators and academics wanting to gain a better understanding of this complex subject.
Download or read book Risk Management and Financial Derivatives written by Satyajit Das and published by McGraw-Hill Companies. This book was released on 1998 with total page 888 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Risk Management and Financial Derivatives: A Guide to the Mathematics meets the demand for a simple, nontechnical explanation of the methodology of risk management and financial derivatives." "Risk Management and Financial Derivatives provides clear, concise explanations of the mathematics behind today's complex financial risk management topics. An ideal introduction for those new to the subject, it will also serve as an indispensable reference for those already experienced in the field."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved
Download or read book On the Margin of Success written by Christian Chamorro-Courtland and published by . This book was released on 2017 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article analyzes the new legal regime for protecting margin that is posted by cleared derivatives (or cleared swaps) customers in the Canadian derivatives markets. In response to the global financial crisis of 2008, Canada passed legislation to reform these markets. One of the major reforms was the introduction of mandatory clearing for standardized over-the-counter (OTC) swaps through a central counter party clearing system (CCP). This reform requires customers that enter into cleared swaps contracts to post margin with a clearing intermediary in order to comply with the rules of the clearing system. The Canadian Securities Administrators OTC Derivatives Committee (CSA) has created a Model Law (the Model Provincial Rule, or MPR) for the provinces to implement in order to increase legal certainty for cleared swaps customers that post margin with an intermediary.However, there is still legal uncertainty under the MPR as to how the margin of cleared swaps customers will be treated under Canadian law in the event of a clearing intermediary or a clearing member insolvency. It is uncertain whether the current laws for transferring collateral and creating security interests in some of the provinces (e.g. Ontario) will provide sufficient protection to cleared swaps customers in an insolvency situation. Furthermore, this article considers whether the MPR is compatible with the Payment Clearing and Settlement Act and the Bankruptcy and Insolvency Act (which are both federal statutes) and whether the possibility for reconciliation exists. It considers the viability of creating a federal regulator for the Canadian derivatives markets in order to simplify the regulatory process and minimize legal risk.Furthermore, this article discusses other issues that could improve legal certainty in the Canadian derivatives markets. It argues that cleared swaps customers should receive insurance coverage under the Canadian Investor Protection Fund. It also considers the advantages of adopting portfolio margining as a technique for reducing the amount of margin that customers are required to post for their derivatives trades. Overall, this article analyzes the areas of contention in the MPR and it provides several recommendations for increasing legal certainty.
Download or read book Eligible Financial Contracts written by Martin Marcone and published by . This book was released on 2009-06 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book DERIVATIVES written by and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of Derivatives written by T. V. Somanathan and published by Cambridge University Press. This book was released on 2015-03-02 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: While most books on derivatives discuss how they work, this book looks at the contributions of derivatives to overall economic well-being. It examines both the beneficial and adverse effects of derivatives trading from the perspectives of economic theory, empirical evidence and recent economic history. Aiming to present the concepts in a fair, non-ideological, non-mathematical and simple manner, and with the authors' own synthesis, it draws on economic insights from relevant work in other disciplines, particularly sociology and law. The book also presents some new theoretical ideas and recommendations towards a pragmatic and practical approach for policy-makers. The ultimate objective is to provide a basic conceptual framework which will help its readers form a judgement on whether, when and how derivatives are beneficial or harmful to the economy.
