Everett and McCracken's Banking and Financial Institutions Law
By: Sheelagh McCracken, John Stumbles, Greg Tolhurst, Olivia Dixon
About This Book
Everett & McCracken's Banking and Financial Institutions Law 9th Edition follows the earlier editions in providing a comprehensive legal analysis of the Australian financial sector. Over the past 30 years this work has chronicled the legal development of the sector, offering broad coverage of the legal concepts and principles which typically arise in banking and financing transactions. The text opens with a detailed examination of the regulatory framework, which is marked by a diversity of regulators and a multiplicity of regulatory regimes. It then advances a general framework for analysing financing transactions, building on contractual and property law concepts and focusing on complexities arising from the role of financial institutions and the intricate and specialised nature of their business and the financial assets with which they deal. This discussion is followed by a close analysis of the operation of payment instruments as well as modes of taking security. It concludes by considering common financing structures such as syndication, securitisation and subordination.
AI Overview
"Everett and McCracken's Banking and Financial Institutions Law" is a comprehensive legal textbook that provides in-depth coverage of the banking and financial institutions sector in Australia. Here is a detailed overview of the book:
Key Themes
- Banking and Financial Regulations: The book covers a wide range of topics related to banking and financial institutions, including regulatory frameworks, licensing requirements, and compliance issues.
- Financial Products and Services: It delves into various financial products and services, such as loans, deposits, securities, and derivatives.
- Banking Law and Practice: The text explores the legal aspects of banking operations, including contract law, torts, and property law as they apply to banking.
- Financial Institutions and Markets: It examines the structure and functioning of financial markets, including stock exchanges, bond markets, and other financial instruments.
- Risk Management and Compliance: The book discusses risk management strategies and compliance requirements for financial institutions to maintain stability and avoid regulatory issues.
Plot Summary
Given that this is a legal textbook, there is no narrative plot. Instead, the book is structured around chapters that cover specific topics within the realm of banking and financial institutions law. Each chapter is designed to provide detailed information and analysis on the relevant legal principles and practices.
Critical Reception
While there are no detailed reviews available in the search results, the book's eighth edition was launched with significant attention in academic circles. The launch event, as mentioned in , indicates that the book is highly regarded in the legal community for its comprehensive coverage of banking and financial institutions law.
Editions and Authors
- Authors: Sheelagh McCracken, John Stumbles, Greg Tolhurst, and Olivia Dixon.
- Edition: Eighth edition (2013) .
- ISBN: 978-0-455-24017-6 .
Holdings and Availability
The book is available in various academic libraries and can be accessed through catalogues like the State Library of Queensland and the University of Adelaide library .
In summary, "Everett and McCracken's Banking and Financial Institutions Law" is a seminal work in the field of banking and financial law, providing a thorough understanding of the legal framework governing financial institutions in Australia. Its comprehensive coverage and detailed analysis make it an essential resource for legal professionals, students, and anyone involved in the banking and financial sectors.