Clearing and Settlement: Second Edition
This second edition comprehensively explains, both in theory and practice, the complexities of the law and regulation surrounding the processes of clearing and settlement. Contents include: clearing and settlement and the roles of (and risks assumed by) the various participants in the post-trade marketplace; how the law is applicable to infrastructures, how they are regulated, and the other topographical features of their legal landscape; the legal and practical aspects of risk management and operations of infrastructures; and the risks faced by participants in payment, clearing and settlement systems-the agent banks-along with practical and operational issues which they face in their roles. In addition to the coverage of the legislature, commonly encountered practical problems are discussed, including 'client clearing,' regulatory capital, and protective insolvency legislation. Risk and legal issues arising in clearing and settlement operations (liquidity, outsourcing, corporate actions, and securities lending) are also covered. The following new topics are included in the second edition: the clearing obligation in practice, especially as regards transactions involving non-EU parties; indirect clearing; and recovery and resolution of CCPs (central counterparties). [Subject: Financial Law, Commercial Law, Banking Law]
1300251382
Clearing and Settlement: Second Edition
This second edition comprehensively explains, both in theory and practice, the complexities of the law and regulation surrounding the processes of clearing and settlement. Contents include: clearing and settlement and the roles of (and risks assumed by) the various participants in the post-trade marketplace; how the law is applicable to infrastructures, how they are regulated, and the other topographical features of their legal landscape; the legal and practical aspects of risk management and operations of infrastructures; and the risks faced by participants in payment, clearing and settlement systems-the agent banks-along with practical and operational issues which they face in their roles. In addition to the coverage of the legislature, commonly encountered practical problems are discussed, including 'client clearing,' regulatory capital, and protective insolvency legislation. Risk and legal issues arising in clearing and settlement operations (liquidity, outsourcing, corporate actions, and securities lending) are also covered. The following new topics are included in the second edition: the clearing obligation in practice, especially as regards transactions involving non-EU parties; indirect clearing; and recovery and resolution of CCPs (central counterparties). [Subject: Financial Law, Commercial Law, Banking Law]
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Clearing and Settlement: Second Edition

Clearing and Settlement: Second Edition

by Dermot Turing
Clearing and Settlement: Second Edition

Clearing and Settlement: Second Edition

by Dermot Turing

Hardcover

$310.00 
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Overview

This second edition comprehensively explains, both in theory and practice, the complexities of the law and regulation surrounding the processes of clearing and settlement. Contents include: clearing and settlement and the roles of (and risks assumed by) the various participants in the post-trade marketplace; how the law is applicable to infrastructures, how they are regulated, and the other topographical features of their legal landscape; the legal and practical aspects of risk management and operations of infrastructures; and the risks faced by participants in payment, clearing and settlement systems-the agent banks-along with practical and operational issues which they face in their roles. In addition to the coverage of the legislature, commonly encountered practical problems are discussed, including 'client clearing,' regulatory capital, and protective insolvency legislation. Risk and legal issues arising in clearing and settlement operations (liquidity, outsourcing, corporate actions, and securities lending) are also covered. The following new topics are included in the second edition: the clearing obligation in practice, especially as regards transactions involving non-EU parties; indirect clearing; and recovery and resolution of CCPs (central counterparties). [Subject: Financial Law, Commercial Law, Banking Law]

Product Details

ISBN-13: 9781784510695
Publisher: Tottel Publishing
Publication date: 12/28/2016
Pages: 688
Product dimensions: 6.40(w) x 9.90(h) x 1.60(d)
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