Intermediation and Beyond - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Intermediation and Beyond write by Louise Gullifer. This book was released on 2019-01-24. Intermediation and Beyond available in PDF, EPUB and Kindle. The global shift from the direct holding of securities by investors to the current intermediated holding system raises many important legal issues. These include the impact of the intermediated holding system on the rights of investors, and the enforcement of those rights against intermediaries and issuers. The cross-border nature of many holding patterns adds another layer of complexity to these issues, and reduces legal certainty. Against this, intermediation offers benefits for many investors, including the ability to hold a cross-border portfolio with one intermediary, a reduction in costs and the facilitation of the use of securities in the collateral, repo, and securities lending markets. This book covers a number of legal topics relating to intermediated securities including the history of intermediation, the benefits and problems in the current intermediated holding system, and how future legal and technological developments could help to resolve these problems while retaining the benefits of intermediation. It also examines the possible impact of FinTech on this area, in particular the potential for Blockchain to be used in the issuing, holding and settlement of securities, the extent to which this will solve some of the difficulties that currently exist, and whether the use of Blockchain will create new difficulties that will need to be overcome. This book, which originated in a series of workshops organised by the Commercial Law Centre at Harris Manchester College, Oxford, will appeal to those interested in financial and corporate law, including academics, practitioners, policy makers and students.
Intermediated Securities
Intermediated Securities - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Intermediated Securities write by Louise Gullifer. This book was released on 2010-06-17. Intermediated Securities available in PDF, EPUB and Kindle. Globally, there has been a shift from securities being held directly by an investor, to a situation in which many securities are held via an intermediary. The existence of one or more intermediaries between the investor and the issuer has a potentially significant impact on the rights of the investor, the role and obligations of the issuer, and on the position and responsibilities of the intermediary. However, different jurisdictions have dealt with the issues arising from intermediation in a variety of ways. In the UK, for example, the concept of a trust is used to explain the different rights and obligations which arise in this scenario, whereas in the US the issues have been addressed by legislation, in the form of UCC Article 8. This variety is problematic, given that it is possible for an investor to hold securities in a number of different jurisdictions. A new UNIDROIT Convention on the issue of Intermediated Securities, the Geneva Securities Convention 2009, aims to create a common framework for dealing with these issues. This collection of essays explores the issues that arise when securities are held via an intermediary, and in particular assesses the solutions put forward by the new Convention on this issue. It will be essential reading for practitioners and academics.
Legal Intermediation
Legal Intermediation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Legal Intermediation write by Austin Sarat. This book was released on 2019-10-22. Legal Intermediation available in PDF, EPUB and Kindle. This special issue of Studies in Law, Politics and Society examines a broad range of European case studies to consider the crucial role played by intermediaries, such as companies and lawyers, in the legal system.
Financial Intermediation Beyond the Debt Crisis
Financial Intermediation Beyond the Debt Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financial Intermediation Beyond the Debt Crisis write by Donald R. Lessard. This book was released on 1985-01-01. Financial Intermediation Beyond the Debt Crisis available in PDF, EPUB and Kindle.
Contemporary Financial Intermediation
Contemporary Financial Intermediation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Contemporary Financial Intermediation write by Stuart I. Greenbaum. This book was released on 2019-05-14. Contemporary Financial Intermediation available in PDF, EPUB and Kindle. Contemporary Financial Intermediation, 4th Edition by Greenbaum, Thakor, and Boot continues to offer a distinctive approach to the study of financial markets and institutions by presenting an integrated portrait that puts information and economic reasoning at the core. Instead of primarily naming and describing markets, regulations, and institutions as is common, Contemporary Financial Intermediation explores the subtlety, plasticity and fragility of financial institutions and credit markets. In this new edition every chapter has been updated and pedagogical supplements have been enhanced. For the financial sector, the best preprofessional training explains the reasons why markets, institutions, and regulators evolve they do, why we suffer recurring financial crises occur and how we typically react to them. Our textbook demands more in terms of quantitative skills and analysis, but its ability to teach about the forces shaping the financial world is unmatched. Updates and expands a legacy title in a valuable field Holds a prominent position in a growing portfolio of finance textbooks Teaches tactics on how to recognize and forecast fluctuations in financial markets
