Set-Off and Netting, Derivatives and Clearing Systems

Volume 4
Philip R Wood

Helps you reduce exposure to risk in international financial contracts

• Gives practical guidance on set-off and netting, derivatives and clearing systems, in virtually all the world’s jurisdictions so you can help your clients to reduce exposure to risk and transaction costs in cross-border financial contracts
• Provides you with a worldwide comparative study of set-off and netting including a survey of special netting statutes globally so you can apply the appropriate legislation, directives and case law correctly, no matter where the parties are based or operating
• Provides outlines of set-off and netting agreements including group account netting, together with commentary so you can draft agreements easily
• Covers all types of derivatives and derivative markets and the legal risks that may arise so you are clear on the law surrounding how these should be agreed
• Gives you clear outlines for swaps and derivatives transactions, clarifying the terms used to help you with this complex area
• Discusses the legal risks of derivatives so you know what to look out for
• Analyses the ISDA master agreement giving you expert guidance on its meaning and how it can be used in practice
• Deals with the law of securities and settlement systems so that you know how the law and systems can be used effectively and efficiently