Supplies an in-depth explanation of the legal
principles underlying over-the counter (OTC)
derivatives in the UK
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