Subjects:

Banking and Finance

Contents:

Overview of bond markets regulation in the UK

corporate bond market regulation in the UK

the gilt markets

the repo markets

the Securities and Futures Authority and the bond markets

the Stock Exchange and the bond markets

the role of the Bank of England

netting, clearing and settlement

taxation

US regulation (corporates)

US regulation (municiples and government)

ISMA, IPMA and international regulation

current legal issues

EU regulation

regulation of Japanese markets

emerging markets

securitization.

The law and regulation which applies to both 'primary' and 'secondary' bond markets is fragmented and complex. This book provides the first coherent picture of bond market law and regulation covering the UK, US, Japan and Europe.

• Brings together specialist commentary in 13 individually authored chapters and keeps practitioners up to date with key developments, in particular the changes proposed under the new Financial Services and Markets Act Examines the regulation of both primary and secondary bond markets
• Covers the new gilt repo market, the new Stock Exchange Rules, the Bank of England Act, the UK government securities market focusing on regulation and taxation and the taxation of bonds in the UK
• Identifies fraud, market manipulation and insider dealing issues affecting bond markets
• Looks at the international regulation of bond markets.