This book places the capital markets in a global context. It examines the 'Products' and the 'Players'. The 'Products' chapter systematically examines all the building blocks of the capital markets, i.e. bonds, equities, derivatives and investment funds, explaining these components and the role they play. It looks at how capital is raised and how it is used for investment purposes. The 'Players' chapter looks at the individuals and institutions involved in the capital markets. This section also examines what to do if things go wrong and examines court procedures, arbitration etc. It discusses the legal issues and considers the problem of the overlap between regulators and the judiciary.
The legislation which forms the framework for the Irish capital markets is discussed in detail. As Irish legislation is still fairly new and untested, the book is set in an international context to give a broader understanding of the issues. For anyone involved in capital markets this book gives invaluable advice on steps to take and how they should be taken. It gives a legal analysis which is highly practical, very accessible and immensely readable.