Details
Providing a thorough legal analysis of money in all its aspects, Mann on the Legal Aspect of Money has been the leading text on the private and public law of money ever since the publication of the first edition in 1939. This latest edition of considers new issues that have had a significant impact on monetary law, such as Brexit, virtual currencies, and the continuing shadow of 'currency wars'. The text also includes new material on central banks and their role in currency and financial stability.
The book deals with the developments and legal challenges of digital money, providing a detailed evaluation of the status of Bitcoin as money. The text investigates the challenges that virtual currencies like Bitcoin pose to our fundamental assumptions about monetary institutions and to our understanding and definition of money.
In an EU context, the new edition reflects on the legal aspects of the Greek financial crisis, with an updated look at the role of the IMF and the ECB.
The eighth edition also inclusions analysis of the implications of Brexit, developments in damages and interest following on from the Sempra Metals case, the legal definition of a monetary union in Europe, and the conflict of anti-terrorist sanctions blocking financial resources. Altogether, this provides an up-to-date and detailed discussion of current matters, whilst continuing to provide an in-depth analysis on all aspects of monetary law in a single reference source.
I. THE CONCEPT OF MONEY AND MONETARY SYSTEMS
1: The Concept of Money
2: The Organisation of the Monetary System
3: The Role of the Central Bank
4: Payment Systems
II. THE PRIVATE LAW OF MONETARY OBLIGATIONS
5: The Character of Monetary Obligations
6: Monetary Obligations and the Conflict of Laws
7: The Interpretation of Monetary Obligations - Initial Uncertainty
8: The Interpretation of Monetary Obligations - Subsequent Uncertainty
9: Interest
10: The Performance of Monetary Obligations
11: Legal Proceedings and their Effect upon Monetary Obligations
III. THE PRINCIPLE OF NOMINALISM
12: Monetary Obligations, Liquidated Sums, and the Principle of Nominalism
13: Monetary Obligations - Unliquidated Amounts
14: Excluding the Effects of Nominalism
15: Nominalism, Legislation and Public Policy
16: Nominalism, Private International Law, and the Lex Monetae Principle
IV. EXCHANGE CONTROLS, EXCHANGE RATES AND SANCTIONS
17: Exchange Control - The UK Model
18: Exchange Control under the International Monetary Fund Agreement
19: The Private International Law of Exchange Control
20: Sanctions and Monetary Obligations
21: Exchange Rates
V. PUBLIC INTERNATIONAL LAW OF MONEY
22: Monetary sovereignty
23: The Protection of Foreign Currency Systems
24: The Protection of Foreign Monetary Institutions
25: International Rules of Monetary Conduct
26: The Monetary Law of Interstate Obligations
VI. MONETARY UNIONS AND OTHER FORMS OF MONETARY ORGANISATION
27: The Nature and History of Monetary Unions
28: Historical Background to EMU
29: EMU and the Treaty on European Union
30: The Institutional Framework of Monetary Union
31: The Single Currency and its Treaty Framework
32: The Euro Regulations
33: Monetary Union and Monetary Obligations
34: The Euro and Monetary Sovereignty
35: Withdrawal from the Eurozone
36: Monetary Union-Lessons from the financial crisis
37: Other Forms of Monetary Organisation
Charles Proctor, Partner, Edwards Wildman Palmer UK LLP
Charles Proctor is a partner at Edwards Wildman with 25 years' experience gained both in London and in the Far East in the banking, securities and international finance fields with various City Law firms, specialising in the field of banking and financial services. He is also an honorary professor in the School of Law, University of Birmingham and a Fellow of the Institute of Advanced Legal Studies in London. He has previously published four books, including the sixth edition of "Mann on the Legal Aspect of Money", and numerous articles on various aspects of financial law.
Contributors:
Dr Caroline Kleiner, French contributor (Enseignant chercheur, France)
Dr Florian Mohs, German contributor (Pestalozzi Attorneys at Law Ltd, Switzerland)
Review(s) from previous edition
"...virtually canonical. - The Times
"...[has] attained an almost biblical authority." - Daily Telegraph
"...an unrivalled standard work." - Sir Leonard Hoffmann, Guardian
"It may not be out of place to say a few words about the reputation of this work and its learned author. The Legal Aspect of Money must rank as one of the great legal publications in English of the century ... The erudition is staggering and the amount of literature, legislation and case law surveyed is prodigious. As an essay in comparative law on a highly technical topic it can have few rivals." - The Cambridge Law Journal
"...this book, with its erudite and elegant prose, provides an eloquent memorial to one of the leading English legal scholars of this century ... Dr Mann has strong views which are expressed clearly, often magisterially ... The Legal Aspect of Money remains a monumental work, pre-eminent in its field and a paradigm of the value of comparative legal scholarship. It has much to offer both practitioners and academics." - British Yearbook of International Law
