AI Overview
The book "Set-Off and Netting, Derivatives, Clearing Systems" by Philip R. Wood is part of the "Law and Practice of International Finance" series and provides a comprehensive guide to the essential principles of set-off, netting, derivatives, and clearing systems from a practical perspective.
Key Themes
Set-Off and Netting: The book covers the worldwide comparative study of set-off and netting, including a survey of special netting statutes globally. It provides outlines of set-off and netting agreements, including group account netting, along with commentary to help draft agreements easily.
Derivatives: The book includes an in-depth analysis of all types of derivatives and derivative markets. It discusses the legal risks associated with derivatives and provides clear outlines for swaps and derivatives transactions, clarifying the terms used in this complex area.
Clearing Systems: The book deals with the law of securities and settlement systems, offering expert guidance on how these systems can be used effectively and efficiently. It also analyzes the ISDA master agreement, providing guidance on its meaning and practical application.
Risk Reduction: The book aims to help reduce exposure to risk in international financial contracts by providing practical guidance on how to apply the appropriate legislation, directives, and case law correctly, regardless of the jurisdiction.
Plot Summary
The book does not have a traditional narrative plot but rather a structured and comprehensive guide to the topics of set-off, netting, derivatives, and clearing systems. It is organized to provide practical guidance and in-depth explanations of the core concepts, making it a valuable resource for professionals and students in the field of international finance.
Critical Reception
While specific reviews are not provided in the search results, the book's reputation is bolstered by the author's expertise and the series' reputation. Philip R. Wood is a leading authority on international finance, having written over 20 books and lectured at more than 60 universities worldwide. His work is highly regarded in the field, and this book is likely to be seen as a definitive guide to its subject matter.
Edition and Format
The book is available in hardcover format with the ISBN 9780414044746. It is part of the "Law and Practice of International Finance" series, which is known for its comprehensive and practical approach to international finance topics.
Availability
The book can be purchased from various online retailers, including Sweet & Maxwell, Thomson Reuters, and AbeBooks. It is also available in eBook format for online and offline access.