Practical Derivatives: A Transactional Approach
| Author | : | |
| Rating | : | 4.14 (955 Votes) |
| Asin | : | 1911078178 |
| Format Type | : | paperback |
| Number of Pages | : | 250 Pages |
| Publish Date | : | 2017-10-27 |
| Language | : | English |
DESCRIPTION:
Since the near-collapse of the global financial system back in 2008, the derivatives industry has come a long way. It features topical analysis on corporate governance and directors' duties; it includes an overview of the documentation produced by the International Swaps and Derivatives Association, the International Capital Markets Association and the German banking association; and it discusses related issues such as close-out netting. As derivatives were blamed for causing, or contributing to, the crisis, the politicians and regulators on both side of the Atlantic (and in most other developed jurisdictions) decided to take action. With contributions from leading law firms, investment firms and academics, this accessible book takes a transactional approach and features coverage of product innovations. Featuring updated chapters, this third edition of Practical Derivatives: A Transactional Approach shows how derivatives are used in a variety of transactions, how the documentation works, and why boards need to be aware of the derivatives market.It also analyses the impact of the recent regulatory changes on derivatives transactions and related documentation. Nonetheless, the derivatives markets have already changed almost beyond recognition, and continue to evolve. In September 2009 the G20 leaders at their meeting in Pittsburg resolved the following: "All standardised OTC derivative contracts should be traded on exchanges or electronic trading platforms, where appropr