Clearing and Settlement: Edition 3
feb. 2021 · Bloomsbury Publishing
Carte electronică
688
Pagini
reportEvaluările și recenziile nu sunt verificate Află mai multe
Despre această carte electronică
The post-trading industry is one in which financial firms make money and one in which risk issues need careful management. Reliable payment, clearing and settlement structures are perceived to be essential to enable financial firms to withstand shocks. A great deal of the cost of trading and cross-border investment is attributed to the very complex process of clearing and settlement.
This book describes and explains:
1. what happens in clearing and settlement, and the roles of (and risks assumed by) the various participants in the post-trade marketplace
2. the law applicable to infrastructures, how they are are regulated, and the other topographical features of their legal landscape
3. the legal and practical aspects of risk management and operations of infrastructures
4. the risks faced by participants in payment, clearing and settlement systems - the agent banks - along with
practical and operational issues which they face in their roles.
Fully revised, updates for the 3rd edition include:
- Implications and impact of Brexit
- CPMI and IOSCO paper on central counterparty default (CCP) management auctions
- cyber-security and the resilience of financial market infrastructures (FMIs) and the wider market ecosystem.
This book describes and explains:
1. what happens in clearing and settlement, and the roles of (and risks assumed by) the various participants in the post-trade marketplace
2. the law applicable to infrastructures, how they are are regulated, and the other topographical features of their legal landscape
3. the legal and practical aspects of risk management and operations of infrastructures
4. the risks faced by participants in payment, clearing and settlement systems - the agent banks - along with
practical and operational issues which they face in their roles.
Fully revised, updates for the 3rd edition include:
- Implications and impact of Brexit
- CPMI and IOSCO paper on central counterparty default (CCP) management auctions
- cyber-security and the resilience of financial market infrastructures (FMIs) and the wider market ecosystem.
Despre autor
Dermot Turing is a solicitor and former partner of lawfirm Clifford Chance, where he advised on payments, clearing and settlement for many years. He served as an independent member of the European Post Trade Forum during 2016-2017. He is now a Visiting Fellow at Kellogg College, Oxford University and contributes frequently to the academic analysis of clearing and settlement.
He is also a writer, speaker and a trustee of the Turing Trust. For more information visit www.dermotturing.com
He is also a writer, speaker and a trustee of the Turing Trust. For more information visit www.dermotturing.com
Evaluează cartea electronică
Spune-ne ce crezi.
Informații despre lectură
Smartphone-uri și tablete
Instalează aplicația Cărți Google Play pentru Android și iPad/iPhone. Se sincronizează automat cu contul tău și poți să citești online sau offline de oriunde te afli.
Laptopuri și computere
Poți să asculți cărțile audio achiziționate pe Google Play folosind browserul web al computerului.
Dispozitive eReader și alte dispozitive
Ca să citești pe dispozitive pentru citit cărți electronice, cum ar fi eReaderul Kobo, trebuie să descarci un fișier și să îl transferi pe dispozitiv. Urmează instrucțiunile detaliate din Centrul de ajutor pentru a transfera fișiere pe dispozitivele eReader compatibile.
