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The Law of Global Custody, 3rd edition

The Law of Global Custody, 3rd edition

Author: Madeleine Yates; Gerald Montagu
Publisher: Bloomsbury Professional (formerly Tottel Publishing)
ISBN: 9781847661425
Published In: February 2009
Format: Paperback , 358 pages
Jurisdiction: International ? Disclaimer:
Countri(es) stated herein are used as reference only

New Edition is available now !

Description
Contents

Details

The Law of Global Custody provides both an introduction to, and a detailed analysis of, the law relating to global custody for all those wishing to review and manage legal risk in the field of global custody and related areas such as escrow services, cross border securities collateral and the post trade infrastructure.

With this excellent book you will gain a better understanding of the implications of acting as, or holding assets with, a custodian. It will help you to be more efficient when:

Providing or using custody services
Drafting and negotiating custody terms
Creating or analysing any structures involving a custody element
This new third edition has been fully updated to take account of the significant legislative changes and developments that have taken place since the last edition, including:
An explanation of UK regulatory context updated to reflect changes in the FSA rules, particularly as a result of the implementation of MiFID in the UK
The discussion of the Financial Collateral Directive now contains particular reference to the implementation of the Directive in the UK and relevant issues arising
The summary of the operation of the CREST system (Euroclear UK & Ireland) has been considerably revised and updated
International developments, including the draft UNIDROIT Convention on Substantive Rules regarding Intermediated Securities, and the EU Commission’s Code of Conduct for Clearing and Settlement
Up-to-date references to relevant case law and other source materials
Updated tax chapter to reflect the implementation and proposed reform of the EU Savings Directive, recasting of relevant legislation as a result of the tax law rewrite project, and detailed amendments to relevant rules made by successive Finance Acts
Carefully structured and clearly written, with annotations and helpful guidance throughout, this book offers an accessible and authoritative account of this complex area of law.

Chapter 1 Introduction
Chapter 2 Securities in the electronic environment
Chapter 3 The custody relationship in the electronic environment
Chapter 4 The use of the custody portfolio as collateral
Chapter 5 Cross-border questions
Chapter 6 The global custodian’s duties
Chapter 7 Regulatory duties
Chapter 8 Overview of post-trade infrastructure
Chapter 9 UK settlement systems
Chapter 10 UK taxation
Chapter 11 Conclusions