Overview
The traditional financial market sectors of insurance, commercial banking, derivatives, capital markets and asset management are converging in practice, but their analysis is still largely sector-based. This book offers a cross-sectoral, functional approach. It highlights anomalies in the different legal treatment of the respective sectors (suggesting law reform to sum, and arbitrage opportunities to others) and identifies key trends.This book offers an integrated approach to financial law which is both useful and timely, as the markets have been converging for over two decades. Functions traditionally performed in one sector are now undertaken in another, and financial techniques are emerging which combine characteristics of different traditional transaction types. Investment banks increasingly offer new structured products in a range of alternative legal ""wrappers"". Securitisation, particularly in association with credit derivatives, continues to be a dominant force, drawing ever more categories of business into the capital markets. Innovations such as these have been associated with a high level of legal risk, and the cross-sectoral freedoms offered by deregulation have not been fully exploited. This book presents financial law as a discrete branch of law, to be considered in the round; it will therefore provide the practitioner, scholar or regulator with a complete, unfragmented view of the subject.
Full Product Details
Author: Joanna Benjamin (Reader in Law, London School of Economics; Consultant, Freshfields Bruckhaus Deringer)
Publisher: Oxford University Press
Imprint: Oxford University Press
Dimensions:
Width: 17.90cm
, Height: 4.30cm
, Length: 25.40cm
Weight: 1.363kg
ISBN: 9780199282937
ISBN 10: 0199282935
Pages: 710
Publication Date: 27 December 2007
Audience:
Professional and scholarly
,
Professional & Vocational
Format: Hardback
Publisher's Status: Active
Availability: To order
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.
Reviews
Benjamin on Financial Law takes on the subject from the perspective of the international financial markets. The identification of the transfer of risk as the underlying driver gives an impressive survey a contemporary edge. The work is destined to become a classic in the field. William Blair
Benjamin on Financial Law takes on the subject from the perspective of the international financial markets. The identification of the transfer of risk as the underlying driver gives an impressive survey a contemporary edge. The work is destined to become a classic in the field. William Blair
Author Information
Dr Joanna Benjamin is a Reader in Law at the London School of Economics specialising in financial law, a consultant at Freshfields Bruckhaus Deringer and a member of the Bank of England's Financial Markets Law Committee. Joanna also consults for the public sector in the UK and internationally. Previous publications include The Law of Global Custody (Butterworths, 1st ed. 1996, 2nd ed., with Madeleine Yates, 2003) and Interests in Securities (Oxford University Press, 2000).
