This collection of essays offers a unique insight and overview of the secured transactions law in many of the most important countries in Asia, as well as reflections on the need for, benefits of and challenges for reform in this area of the law. The book provides a mixture of general reflections on the history, successes and challenges of secured transaction law reform, and critical discussion of the law in a number of Asian countries. In some of the countries, the law has already been reformed, or reform is under way, and here the reforms are considered critically, with recommendations for future work. In other countries, the law is not yet reformed, and the existing law is analysed so as to determine what reform is desirable, and whether it is likely to take place. First, this book will enable those engaging with the law in Asia to understand better the contours of the law in both civil and common law jurisdictions. Second, it provides analytical insights into why secured transactions law reform happens or does not happen, the different methods by which reform takes place, the benefits of reform and the difficulties that need to be overcome for successful reform. Third, it discusses the need for reform where none has yet taken place and critically assesses the reforms which have already been enacted or are being considered. In addition to providing a forum for discussion in relation to the countries in question, this book is also a timely contribution to the wider debate on secured transactions law reform which is taking place around the world.

This new commentary analyses, article by article, the two most important regulations on the European banking union: firstly, the Single Supervisory Mechanism with the ECB as the single supervisory authority for major banking institutions; and secondly, the Single Resolution Mechanism with the Single Resolution Fund as the centralized decision-making body in the eurozone.

Everyone is talking about fintech, and they're usually saying good things. Driverless Finance provides a balance to that conversation, exploring the threats that different fintech innovations pose for our financial system. With in-depth and accessible descriptions of new financial technologies and business models - ranging from distributed ledgers to machine learning, cryptoassets to robo-investing - this book allows readers to think more critically about fintech, and about how the law should respond to it. This book highlights the increased speed, complexity, and coordination inherent in new fintech innovations, and illustrates how these features could come together in a massive financial system failure. It makes the case for a precautionary approach to regulating fintech, erring on the side of caution to avoid a financial crisis that could have irreversible and catastrophic effects for our society. Because neither longstanding regulatory approaches nor experimental new approaches like regulatory sandboxes were designed to address fintech's systemic risks, this book makes several bold new proposals for regulation designed to make fintech-inspired financial crises less likely. These proposals include new forms of disclosure and supervision, new forms of technological tools (known as suptech), and a new licensing regime for financial technologies. This book finishes by situating its discussion of fintech and financial stability in the context of important debates about innovation, expertise, cybersecurity, privacy, competition, and other pressing issues.

A comprehensive guide to the rules and regulations that govern the UK financial services industry, providing: - Analysis of the various laws and regulations and how they impact on customer relations and retail products - An outline of the protection given to clients' money and the functioning of the prudential requirements - An explanation of the rationale and operation of enforcement procedures - Details of requirements as they apply to professionals who engage in financial services activities as an incidental part of their professional activities - A consideration of recently implemented EU initiatives The fifth edition has been fully updated in line with the post-EU regime and in addition includes updates to: - the new investments and investment activities and the FCA rules and their impact - the FCA authorisation procedures and their impact - the approved persons regime - the rules and, in particular, their applications in relation to retail products and customer relations - the rules in relation to professionals as well as coverage of: - the EU Market Abuse Regulation - 4th and 5th Money Laundering Directives in their UK form including additional examples of enforcement actions and prosecutions and the lessons to be learned - new case law in relation to enforcement and the lessons learned Covering the latest developments, this valuable text is set out in the context of common practice and is indispensable for those working within or otherwise associated with the financial services industry, namely lawyers, compliance officers, auditors, financial advisers, consultants, academics and students.

Chinese foreign direct investment in the United States has generated intense debates. Some welcome it for the immediate benefits such as job creation; others view Chinese investments, especially those controlled by the Chinese government, as a critical threat. The debates have so far missed an important question: how do Chinese companies investing in the US react to the host country's law? Ji Li formulates a novel analytical framework to examine the adaptation of Chinese companies to general US institutions and their compliance with US laws governing tax, employment equality, and national security review of foreign investments. The level of compliance varies, and this variation is examined in relation to company ownership, including state ownership. Li's analysis is based on interviews and a unique and comprehensive dataset about Chinese companies in the United States that has never been systematically explored.

Das Buch "Aktien und B rse - das einzige Buch, das du brauchst" ist f r die breite ffentlichkeit von 11 bis 85 Jahren bestimmt. Obwohl das Buch leicht verst ndlich geschrieben ist, beschreibt es ausf hrlich und ins Detail gehend die Parameter, welche f r sichere und rentable Investitionen in Aktien bzw. Unternehmen optimal sind - egal ob kurzfristig oder langfristig. Wann kaufen bzw. verkaufen? Technische und fundamentale Analyse vom Feinsten. Mit welchen Aktien kann man seine Rente durch Dividendenaussch ttungen finanzieren? Dieses Buch ist das Resultat von langj hriger Praxis und Studium der relevanten Literatur. Das Buch beschreibt die Strategien der ber hmtesten Investoren und auch die eigenen Erfahrungen mit Aktien. Auch die Investition in Fonds, Versicherungen und Rente wird besprochen. Das Buch enth lt eine kleine Unterrichtung in Betriebswirtschaft f r Anleger und viele wichtige Informationen ber das Gesch ft mit Geld und Aktien. Au erdem wird der Verlauf von drei Krisen und Crashes untersucht und in einem kleinen Lexikon 195 Fachbegriffe erkl rt. Es werden einige kurze und n tzliche Storys von Investoren, Unternehmen und ihren Aktien erz hlt. Beschrieben wird auch die Investition in Gold, Rohstoffe und Derivate. Da der Staat immer mehr Eigenverantwortung bei der pers nlichen Altersvorsorge erwartet, ist dieses Buch ein sehr sinnvolles Geschenk auch f r Ihre j ngeren Familienmitglieder. Es gibt leider nur sehr wenige fundierte und vor allem so ehrliche B cher ber Aktien.

The European Union regime for fighting market manipulation and insider trading - commonly referred to as market abuse - was significantly reshuffled in the wake of the financial crisis of 2007/2008 and new legal instruments to fight market abuse were eventually adopted in 2014. In this monograph the authors identify the association between the financial crisis and market abuse, critically consider the legislative, policy and enforcement responses in the European Union, and contrast them with the approaches adopted by the United States of America and the United Kingdom respectively. The aftermath of the financial crisis, ongoing security concerns and increased legislation and policy responses to the fight against irregularities and market failures demonstrate that we need to understand, in context, the regulatory responses taken in this area. Specifically, the book investigates how the regulatory responses have changed over time since the start of the financial crisis. Market Manipulation and Insider Trading places the fight against market abuse in the broader framework of the fight against white collar crime and also considers some associated questions in order to better understand the contemporary market abuse regime.

In the wake of the global financial crisis, investors have suffered significant losses as a result of breaches of conduct of business rules in the distribution of financial instruments. MiFID II introduced new disclosure, distribution and product governance rules to strengthen the protection of investors but, like MiFID I, did not harmonise the civil law consequences for their violation. This book asks whether, in spite of the silence of the EU legislators, the MiFID II conduct of business rules may produce civil law effects, enabling investors to enforce them against investment firms before national courts and alternative dispute resolution (ADR) mechanisms. Building on the case law of the CJEU, the book shows the conditions under which the breach of MiFID II conduct of business rules should give rise to a private law remedy, and what remedies would be compatible with EU law. MiFID II and Private Law is an essential contribution to academic research in EU and financial law and will be a key text for policy-makers and legal practitioners working in the field of investor protection regulation and mis-selling litigation.

Dieses zweisprachige Buch gilt inzwischen als Standardwerk. Es liegt nunmehr in 6. Auflage mit Rechtsstand Juni 2010 vor. Der Ratgeber ist aus der praktischen Arbeit der beiden Autoren entstanden. Beide befassen sich seit mehr als 20 Jahren mit der Bearbeitung von deutsch-spanischen Rechts- und Steuerrechtsf llen. Sie stellen - wo immer n tig - die Probleme nach spanischem und deutschem Recht dar. Das Buch gibt viele praktische Hinweise und behandelt u.a. das relevante Kaufrecht, Erbrecht und Steuerrecht aus beiden Staaten. Er rtert werden Themen mit praktischer Relevanz, z.B. wie kann die Sicherheit bei Immobilientransaktionen erh ht werden, welche Steuerwirkungen treten in Spanien und gegebenenfalls verzahnt in Deutschland auf oder was ist zivilrechtlich, steuerrechtlich und notariell zu bedenken, wenn Deutsche in Spanien Immobilieneigentum erwerben oder halten. Es wird in erster Linie f r deutsche K ufer und Verk ufer ver ffentlicht. Weil es praxisorientiert ist, kann es aber auch Verbraucherverb nden, Kreditinstituten und Versicherungen, Rechtsanw lten, Notaren und Steuerberatern n tzliche Dienste erweisen. Die vollst ndige Zweisprachigkeit des Buches dient au erdem der Kommunikation bei Immobilientransaktionen zwischen der deutschen und der spanischen Seite (K ufer/Verk ufer/Erben) und erleichtert den Umgang mit den spanischen Beh rden und Institutionen.

Dieses Buch vermittelt Ihnen, wie einfach der gute Umgang mit dem eigenen Geld sein kann, wenn man die Spielregeln kennt. In einfacher und lebensnaher Sprache f hrt der Autor Sie Schritt f r Schritt durch das scheinbar verwirrende Spiel das gespielt wird, wenn man versucht, einfach gut mit seinem Geld auszukommen. Dabei werden zun chst einmal die h ufigsten Geldverschwender entlarvt, bevor es um die einfachen und klaren Regeln geht, die man beachten sollte, wenn man gut mit seinem Geld auskommen m chte. Das Highlight aber stellt der Finanzplan in Excel* dar, den Sie direkt w hrend und nach der Lekt re dieses Buches f r sich anlegen und f hren k nnen. So bleibt das Geld dort, wo es hingeh rt ... bei Ihnen und Sie kommen immer besser und besser mit Ihrem eigenen Geld aus.