The Law and Regulation of Central Counterparties
| Author | : | |
| Rating | : | 4.21 (893 Votes) |
| Asin | : | 1849460515 |
| Format Type | : | paperback |
| Number of Pages | : | 230 Pages |
| Publish Date | : | 2016-03-27 |
| Language | : | English |
DESCRIPTION:
It moves on to discuss: the relationships between CCPs and their members, as well as clients of clearing members as non-members * legal issues concerning collateralization * netting and set-off * default arrangements that are primarily embedded in the form of the rules and regulations of CCPs. The Law and Regulation of Central Counterparties will be of interest to commercial practitioners, city law firms, and financial institutions.. With regard to regulatory issues, the book examines the regulatory framework with reference to the UK and the EU. As to the case for a single CCP for various different types of markets, the analysis covers the advantages and disadvantages of CCP clearing and carries out an assessment of the risks and benefits of a single multi-market CCP. The book begins by describing in detail the basic elements of modern post-trade infrastructure, exploring the modern functional and operational aspects of CCPs in the markets. The Law and Regulation of Central Counterparties provides a detailed analysis of the legal and regulatory aspects of Central Counterparties (CCPs) with an introduction to their role and functions in modern financial markets
His work strikes a delicate balance between the legal aspects of the CCP system both in theory and practice, thereby serving as a useful manual for practicing lawyers, policy-makers and academics interested in this increasingly important fieldit transcends boundaries and can be used as a manual for CCPs by lawyers, regulators ad policy-makers in any jurisdiction. It will remain a classic piece of work that will be remembered as the first of its kind. Dr. The book is accessible to anyone familiar with commercial, banking or financial law. this book is well-writtenand the concepts are easy to grasp for anyone who is initiated in clearing and settlement systems. It could not have been published at a more opportune time, and it contains years of scholarly research that will be of great aid to regulators and public policy-makers in the years to follow. Christian Chamorro-Courtland Banking and Finance Law Review Volume27:3 . Huang's book is the
Kai XIAO said Five Stars. good book.
. Andrew bunnie Huang is a hacker, maker, and open hardware activist. He holds a Ph.D in Electrical Engineering from MIT, is the author of Hacking the Xbox (No Starch Press) and The Essential Guide to Electronics in Shenzhen, and has served as a technical advisor for various hardware startups and MAKE Magazine