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Clearing and Settlement in Europe

  • Author: Dermot Turing
  • ISBN 10: 1780431104
  • ISBN 13: 9781780431109
  • Release: September 30, 2012
  • Format: Hardcover (556 pages)
  • List Price: $240.00
  • More Details

    List Price: $240.00

    Tags: Law, Administrative Law, Land Use,

    Book Description:
    Unlike other areas of financial services, the law of clearing and settlement is not harmonized or subject to all-embracing EU directives, which has allowed diverse national approaches to develop. Overlaid on that are themes of EU policy, including stimulating competition, promoting systemic stability, and creating a single market in financial services. The themes do not work consistently towards the same objectives, creating a complex subject in which risks and rights are poorly understood. In a practical and accessible way, this book clarifies and explains this increasingly important area for banks.

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