Set-off and Netting, Derivatives, Clearing Systems
Does not imply availability
Description
This title covers the essentials of set-off and netting, derivatives and clearing systems law with a very practical slant, providing the reader with a comparative overview of the law and practice in the key jurisdictions of the world. The intention is to illustrate how the concepts and analyses raised throughout "The Law and Practice of International Finance" series may be applied in a real world setting
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 delves into the core concepts of set-off and netting, which are critical in financial transactions to reduce the number of transactions and minimize risk.
- Derivatives: It covers the principles and practices of derivatives, including options, futures, and swaps, which are financial instruments used to manage risk.
- Clearing Systems: The book explores the various clearing systems used in financial markets, including central counterparties (CCPs) and exchange-traded derivatives.
Plot Summary
The book offers an in-depth explanation of the interrelated processes, products, and systems involved in financial transactions. It provides a worldwide comparative study of these concepts across virtually all jurisdictions, making it a valuable resource for practitioners and students in the field of international finance.
Critical Reception
While specific reviews are not provided in the search results, the book's author, Philip R. Wood, is a renowned expert in international finance. His extensive experience as a practitioner and teacher, including his roles at Allen & Overy and his academic positions at prestigious universities, lends credibility to the book. The book's inclusion in the "Law and Practice of International Finance" series, edited by a leading authority in the field, further underscores its reliability and relevance.
Author's Background
Philip R. Wood is a leading authority on international finance. He was a partner at Allen & Overy until his retirement in 2018 and led the firm’s Global Law Intelligence Unit. He has also held distinguished academic positions at the University of Cambridge, Queen Mary University of London, and the London School of Economics, among others. His extensive experience and academic credentials make him a trusted source in the field of international finance[3].
Practical Perspective
The book is designed to provide practical guidance, making it useful for both practitioners and students. It aims to offer a simple, unified, and distilled account of the complex topics involved in set-off, netting, derivatives, and clearing systems[3].
Edition and Availability
The book is available in hardcover and e-book formats, with special discounts for newly called students and practitioners[3][4].
In summary, "Set-Off and Netting, Derivatives, Clearing Systems" by Philip R. Wood is a comprehensive guide to the essential principles of set-off, netting, derivatives, and clearing systems. It provides a practical perspective, making it a valuable resource for those in the field of international finance. The book's critical reception is positive due to the author's expertise and the series it belongs to.