Law of Global Custody

2. Auflage 2009
ISBN: 978-1-84766-142-5
Verlag: Bloomsbury

Buch, Englisch, 358 Seiten, Format (B × H): 156 mm x 248 mm

The Law of Global Custody provides both an introduction to, and a detailed analysis of, the law relating to global custody for all those wishing to review and manage legal risk in the field of global custody and related areas such as escrow services, cross border securities collateral and the post trade infrastructure. With this excellent book you will gain a better understanding of the implications of acting as, or holding assets with, a custodian. It will help you to be more efficient when: * Providing or using custody services * Drafting and negotiating custody terms * Creating or analysing any structures involving a custody element This new third edition has been fully updated to take account of the significant legislative changes and developments that have taken place since the last edition, including: * An explanation of UK regulatory context updated to reflect changes in the FSA rules, particularly as a result of the implementation of MiFID in the UK * The discussion of the Financial Collateral Directive now contains particular reference to the implementation of the Directive in the UK and relevant issues arising * The summary of the operation of the CREST system (Euroclear UK & Ireland) has been considerably revised and updated * International developments, including the draft UNIDROIT Convention on Substantive Rules regarding Intermediated Securities, and the EU Commission's Code of Conduct for Clearing and Settlement * Up-to-date references to relevant case law and other source materials * Updated tax chapter to reflect the implementation and proposed reform of the EU Savings Directive, recasting of relevant legislation as a result of the tax law rewrite project, and detailed amendments to relevant rules made by successive Finance Acts Carefully structured and clearly written, with annotations and helpful guidance throughout, this book offers an accessible and authoritative account of this complex area of law.

Autoren/Hrsg.

Yates, Madeleine

Fachgebiete

• Rechtswissenschaften Ausländisches Recht Common Law (UK, USA, Australien u.a.)
• Rechtswissenschaften Internationales Recht und Europarecht Internationales Recht Internationales Handels-, Wirtschafts- und Gesellschaftsrecht
• Rechtswissenschaften Internationales Recht und Europarecht Europarecht Europäisches Handels-, Wirtschafts- und Gesellschaftsrecht, Währungsrecht

Inhaltsverzeichnis

Chapter 1 Introduction Chapter 2 Securities in the electronic environment Chapter 3 The custody relationship in the electronic environment Chapter 4 The use of the custody portfolio as collateral Chapter 5 Cross-border questions Chapter 6 The global custodian's duties Chapter 7 Regulatory duties Chapter 8 Overview of post-trade infrastructure Chapter 9 UK settlement systems Chapter 10 UK taxation Chapter 11 Conclusions