The Law on Financial Derivatives

Supplying an in-depth explanation of the legal principles underlying over-the counter (OTC) derivatives in the UK, The Law on Financial Derivatives: • Shows how concepts from many areas of law – including contract, tort and trusts – relate to the day-to-day practice of financial derivatives markets • Deals with all the key aspects of derivative products – creating and structuring derivatives contracts, performance, security and collateral, set-off and netting • Covers the regulation and taxation of derivatives in the UK and the EU • Considers real-world problems faced by practitioners working in-house or in private practice, and suggests solutions • Contains appendices covering standard market documentation for OTC derivatives (eg ISDA Master Agreement) • Discusses conflict of laws issues • Considers the impact of the Markets in Financial Instruments Directive (MiFID) on derivatives • Includes analysis of recent cases and regulatory changes • Features new coverage of collateralised debt obligations • Examines the legal and regulatory developments