The Law on Financial Derivatives offers you an extensive analysis and explanation of the legal and regulatory principles underlying over-the-counter (OTC) derivatives in the UK. Drawing together concepts from many areas of law – including contract, tort, trusts and private international law – it shows how they relate to the day-to-day practice of financial derivatives markets and the completion of standard market contracts.Whether you’re looking for concise, to-the-point guidance on the basic issues of OTC derivatives, or a thorough, in-depth analysis of some of the more complex issues surrounding the industry, this title provides you with all the information you need to advise your clients confidently.This new edition covers all of the litigation which has arisen in the wake of the collapse of Lehman Brothers and the credit crunch; explains the proposals for the regulation of derivatives in the EU and in the USA; and provides a full analysis of the ISDA Master Agreement and the many recent cases which have cast doubt on its effectiveness.Provides an extensive analysis and explanation of the legal and regulatory aspects of over-the-counter (OTC) derivatives in the UK and in the EUCovers all the key aspects of derivative products such as creating and structuring derivatives contracts, interpreting and performing standard market agreements, effecting security and collateral arrangements, set-off and nettingConsiders the manner in which existing legal principles - such as contract, tort, trusts - relate to OTC derivatives transactionsAnalyses the new code for the taxation of derivatives in the UKDiscusses conflict of laws issuesAnalyses the standard market documentation in depthIncludes in-depth analysis of cases and regulatory changesConsiders real-world problems faced by practitioners working in-house or in private practice, and suggests solutionsNew to this edition:Updated to consider the proposals for the regulation of derivatives in the EU, including the transaction of derivatives on regulated markets and the clearing of derivatives, as well as the impact of MiFID on derivativesExpanded to include new coverage of collateralised debt obligations Comprehensive and authoritative analysis of nearly one hundred new cases relating to derivatives, including: Belmont Park Investments Pty Ltd v BNY Corporate Trustee Services Ltd (“Perpetual Trustee”)BNY Corporate Trustee Services Ltd v Eurosail-UK 27-3BLLomas v AFB Firth Rixson; Marine Trade v Pioneer Freight Futures Co Ltd BVIPioneer Freight Futures v COSCO Bulk CarriersPioneer Freight Futures v TMT AsiaTitan Steel Wheels v Royal Bank of ScotlandPeekay Intermark Ltd v ANZFlame SA v Primera MaritimeJP Morgan v SpringwellIFE v Goldman SachsCamerata Property Inc v Credit Suisse Securities (Europe) LtdCassa di Risparmio SpA v Barclays Bank LtdCukurova Finance International Ltd v. Alfa Telecom Turkey LtdAnthracite Rated Investments (Jersey) Ltd v Lehman Brothers Finance S.A.Britannia Bulk Navigation v Pioneer Navigation LtdMorgan Stanley & Co International plc v China Haisheng Juice Holdings Co LtdJP Morgan Chase Bank NA v Berliner Verkehrsbetriebe (BVG) Anstalt Des Offentlichen RechtsLehman Brothers Special Financing Inc v Carlton Communications LtdDeutsche Morgan Grenfell Group plc v IRCPrudential plc v Revenue and Customs CommissionersKato Kagaku Co Ltd v Revenue and Customs CommissionersHMRC v Enron EuropeUBS AG v HSH Nordbank AGRainy Sky SA v Kookmin BankLooks at the legal and regulatory developments arising from the credit crunchAnalyses the Corporation Tax Act 29 code on the taxation of derivatives contractsAnalyses the recent case law on the interpretation of contracts as it applies to derivatives transactionsComprehensive analysis of the termination of agreements and of the extensive case law relating to restitution of money paid under failed derivatives contractsAnalysis of the effects of insolvency on set-off and the termination of derivativesFull analysis of the standard market documentation of derivatives, with advice for in-house counsel and other practitionersCONTENTSIntroductionPart A: Documentation and Nature of DerivativesChapter 1: The ProductsChapter 2: Master Agreements and ConfirmationsChapter 3: Termination of Master AgreementsChapter 4: Structuring Derivatives ContractsPart B: Substantive Law and DerivativesChapter 5: The Creation of Derivatives ContractsChapter 6: The Validity of Derivatives ContractsChapter 7: Liability in Selling DerivativesChapter 8: The Performance and Interpretation of Derivatives ContractsChapter 9: Termination and Recovery in Derivatives ContractsChapter 1: Conflict of LawsPart C: Taking SecurityChapter 11: Taking Security in Derivatives ContractsChapter 12: Collateral and Standard Credit Support AgreementsChapter 13: Set-off, Netting and InsolvencyPart D: Regulation and TaxationChapter 14: Taxation of Financial DerivativesChapter 15: The Development of Derivatives RegulationChapter 16: EU Regulation of Financial ServicesChapter 17: UK Regulation of Derivatives and FinanceChapter 18: US Regulation of DerivativesIndexSUBSCRIPTION INFORMATIONSAVE 1% ON THIS EDITION AND FUTURE EDITIONS OF THIS TITLE WHEN YOU REQUEST A STANDING ORDERRequesting a Standing Order for this edition means you will receive a 1% discount on your order. Plus, future editions will be sent to you automatically on publication, with the same 1% discount. The 3 Day Satisfaction Guarantee applies to all titles supplied on Standing Order. Standing Orders can be cancelled at any time.Set up your Standing Order today mailto:TRLUKI.CS@thomsonreuters.com