Research Catalog

Title

The legal aspects of swaps : an analysis based on economic substance / Paul Goris ; Max Foster, legal editor.

Author

Goris, Paul.

Publication

London ; Boston : Graham & Trotman ; Norwell, MA : Kluwer Academic Publishers, 1994.

Items in the Library & Off-site

Details

Additional Authors

Foster, Max.

Description

xli, 540 pages : illustrations; 24 cm

Subject

• Swaps (Finance) > Law and legislation
• 86.27 commercial law
• UE/CE Droit
• UE/CE Etats membres
• Droit financier
• Crédit croisé
• Recht
• Swap
• Swaps
• Juridische aspecten
• Echanges financiers (Swaps) > Droit
• Droit
• Droit international
• Échange de devises
• Échange financier
• Échange de taux d'intérêt
• Marché financier
• Swap
• Etats-Unis d'Amérique
• Großbritannien
• États-Unis
• Grande-Bretagne

Bibliography (note)

• Includes bibliographical references (p. 509-532) and index.

Contents

• Table of statutory instruments, rules, regulations, FASB statements and EC directives -- Pt. I. Introduction. The Swap's Economic Substance as Legal Issue. Ch. 1. Economic substance and the swap's legality: the issue of the U.K. local authority swaps. Ch. 2. The contours of a larger framework -- Pt. II. The Currency and Interest Rate Swap as a Product of Internal Financial Engineering: An Evolution Towards Economic Substance. Ch. 1. The swap: a product of its time. Ch. 2. Three generations of swaps -- Pt. III. The Economic Functioning of the Swap: The Various Shapes of Economic Substance. Ch. 1. The basic distinction: hedging or speculation. Ch. 2. The swap-driven transaction: the swap as a companion of individual balance sheet operations. Ch. 3. Asset and liability management: the swap as an instrument of curative financial engineering -- Pt. IV. The Swap Market: Description, Functioning, and Regulatory Environment. Ch. 1. An institutional and legal description of the primary swap market.
• Ch. 2. Development and evolution of the secondary swap market. Ch. 3. The relationship between swap activity and bank capital -- Pt. V. The Accounting and Regulatory Impact of Economic Substance. Ch. 1. The recognition of hedging in the swap's accounting treatment. Ch. 2. The actual and possible impact of hedging upon bank regulations -- Pt. VI. The Tax Treatment of Swap Agreements According to Economic Substance. Ch. 1. Taxation according to economic substance: an overview. Ch. 2. The tax recognition of swap gain and loss: tax consequences of external economic substance -- Pt. VII. Economic Substance and the Swap's Identification for Regulatory, Accounting and Tax Purposes. Ch. 1. Relevance of the identification issue. Ch. 2. A proposal for an identification route: the double criterion of economic substance -- Pt. VIII. The Impact of Economic Substance on the Content and Enforceability of the Swap Contract. Ch. 1. The impact of economic substance on the swap's contractual provisions.
• Ch. 2. Economic substance and the swap's possible qualification as a gaming or wagering contract. Ch. 3. The contractual negation of the swap's economic substance -- Pt. IX. Economic Substance and Synchronization Problems in the Context of Structuring Swap-Driven Eurobond Issues -- Ch. 1. Introduction. Ch. 2. Synchronization problems in structuring swap-driven issues and the two phases in a Eurobond issue -- Pt. X. The Contractual Transformation of Economic Connection into a Genuine Legal Link -- Ch. 1. Introduction. Ch. 2. Financial swap engineering for clients unable or unwilling to swap. Ch. 3. Resolving coordination problems in swap-driven structured finance. Ch. 4. The technique of swap-related synthetic securities -- Ch. 5. General Conclusions.

ISBN

• 1853339105
• 9781853339103

LCCN

93033346

OCLC

• ocm28927807
• 28927807
• SCSB-2032796

Owning Institutions

Princeton University Library