Financial Markets and Exchanges Law

A companion work to Financial Services Law this is the first truly analytical text to deal specifically with the regulation of markets and exchanges. This has become a significant but difficult and complex area following the passage of FSMA, and this text provides a comprehensive and authoritative guide to the new statutory regime.

It is anticipated that many aspects of financial market development will take place through electronic based platforms operated via the internet or other digital delivery services, and the chapter on electronic markets and exchanges in part one will provide a sound understanding of this issue. The expert contributor team also offers detailed guidance to the core provisions set out in FSMA in relation to investment exchanges, clearing house As well as looking at these core recognition provisions, the relevant rules in the Financial Services Authority's Handbook are examined in connection with alternative trading systems (ATPSs) and platforms (ATPs).

In addition the book examines the regulation of specific markets such as equity and debt, and derivatives, clearing and settlement from UK, European and International perspectives.

• First text solely focused on the regulation of markets and exchanges
• Includes a chapter on Islamic Finance
• Clear guidance on UK, EU and International systems
• Coverage of key financial market developments such as electronic exchanges
• Detailed assessment of the developing law including the impact of MiFID
• Written by a team of expert practitioners and key individuals from the FSA