THE IMPORTANCE OF CHOICE OF LAW AND FINALITY TO PvP, NETTING AND COLLATERAL ARRANGEMENTS
Journal of Financial Regulation and Compliance
ISSN: 1358-1988
Article publication date: 1 February 1996
Abstract
The authors argue that two of the significant legal issues that must be solved if cross‐border payment versus payment, netting and collateral arrangements are to achieve their full potential involve choice of law and finality. First, the parties must be able to determine, in advance, what law will govern and, second, each payment, netting event or security interest must achieve a sufficient degree of finality under applicable law.
Citation
GUYNN, R. and TAHYAR, M. (1996), "THE IMPORTANCE OF CHOICE OF LAW AND FINALITY TO PvP, NETTING AND COLLATERAL ARRANGEMENTS", Journal of Financial Regulation and Compliance, Vol. 4 No. 2, pp. 170-177. https://doi.org/10.1108/eb024879
Publisher
:MCB UP Ltd
Copyright © 1996, MCB UP Limited