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Philip Wood's classic series provides a fully integrated synthesis of international financial law over seven volumes. Each volume presents stand-alone coverage of key topics and themes in a specific area of financial law.
This volume provides a worldwide comparative study of set-off, netting, derivatives and clearing systems in virtually all the world's jurisdictions, so they can be used to reduce exposure to risk and transaction costs in cross-border financial contracts. The entire commentary has been revised and updated to reflect the changes brought about by the global financial crisis.