Banking and Capital Markets Companion, Sixth Edition provides a clear and concise examination of the law, practice and procedure of debt fund raising in the banking and capital markets.
Using a highly accessible format, the Companion allows you to approach and understand debt finance at a depth of your choice, with bullets, graphics and flowcharts to assist comprehension.
As with past editions, it’s based on industry standard materials from the Loan Market Association, the International Capital Markets Association, the International Swaps and Derivatives Association and the British Bankers Association. Accordingly it provides you with a reliable, accurate and succinct view of debt fundraising in the banking and capital markets, all in one volume.
Updates for this edition
The sixth edition has been revised and updated to take account of new legislation, regulation, case law and changing market practice including those resulting from:
- The EU Capital Requirements Directives III and IV, European Market Infrastructure Regulation, Short Selling Regulation, and the second Prospectus Directive amending the original Prospectus Directive
- The Financial Services Act 2012
- The amendment of the registration of charges provisions of the Companies Act 2006
- The amendment of 'regulated activities' of the Financial Services and Markets Act 2000
- Changes to LIBOR practice arising from the Wheatley report
- Case law relating to marshalling, guarantees and the interpretation of the ISDA master agreement section 2(a)
- The Finance Acts 2012, 2013 and 2014
Who should read this?
Banking and Capital Markets Companion provides a clear guide for postgraduates studying for their MA, LLM or particularly for their LPC. It is also an ideal single-volume reference guide for bankers and legal practitioners, particularly newly qualified lawyers, seeking a quick answer or a starting point for in-depth research on a particular aspect of the subject.
About the authors
Colin Paul qualified as a solicitor and is a visiting lecturer at SOAS, University of London and at the Bristol Institute of Legal Practice, University of the West of England. He is a member of the Practical Law Finance consultation board. Previously he practised with a leading City firm in the 1970s, was in-house with investment banks in the 1980s and a banking partner in a City firm at the beginning of the 1990s before setting up his own consultancy practice.
Gerald Montagu, solicitor, specialises in tax law and publishes widely. He is co-author of Legal Practice Companion and The Law of Global Custody and is also the General Editor of Norfolk and Montagu on the Taxation of Interest and Debt Finance (all published by Bloomsbury Professional).