Australian Finance Law 7e book + eBook

Australian Finance Law, 7^th Edition provides comprehensive coverage of Australian finance law, including the regulation of the Australian financial system, capital markets, debt finance, taxation and insolvency law. It has been written and compiled by Partners, Consultants and Associates of King & Wood Mallesons.

This well-regarded work combines both legal analysis and its practical application to financing transactions. It is designed for general and specialist advisers, combining both fundamental and more complex legal and practical analysis. It is also an important resource for students of Australian financial and commercial law.

Although it has been written from a primarily Australian context, a number of the chapters have a more international application, either because of the global nature of finance, or because of the similarity in legal concepts between common law jurisdictions.

The seventh edition has been completely revised and updated throughout, reflecting the significant changes in Australian finance law since the global financial crisis. It includes the following:

• new chapters on the Personal Property Securities Act 2009 (Cth), its relevance to traditional security structures such as mortgages and charges, together with the PPSA’s impact on traditional financing transactions, leasing, securitisation and security interests over intellectual property;
• chapters aimed at introducing the non-specialist to more specialised financing transactions and structures, including swaps, domestic and international capital markets and hybrid securities;
• new chapters on infrastructure financing and resource financing;
• given the growth in international trade and the need for financing to support it, a chapter on trade finance; and
• comprehensive coverage of the impact of insolvency law on financing transactions, including loan to own restructurings and workouts, and the law relating to insolvent trusts and managed investment schemes.

Australian Finance Law, 7^th Edition remains an essential addition to the shelves of corporations dealing in finance transactions, specialist banking and finance lawyers and barristers, and an ideal text for finance law, accounting and finance students at undergraduate and postgraduate levels.

Part I              Regulation of the Financial System

Chapter 1        Regulation of the Australian Financial System

Chapter 2        Payment and Clearing Systems

Chapter 3        Derivatives

Chapter 4        Product Regulation

Part II             Capital Markets

Chapter 5        Fundraising and disclosure

Chapter 6        Domestic and International Debt Capital Markets

Chapter 7        Hybrid Securities

Chapter 8        Securitisation

Chapter 9        Holding Securities

Part III            Debt Finance

Chapter 10       Loans, Bill Facilities and Contingent Instrument Facilities

Chapter 11       Multi-Lender Financing – Syndications, Sub-Participations and Club Loans

Chapter 12       Trade Financing –Export Transactions

Chapter 13       Infrastructure Financing

Chapter 14       Resource Financing

Part IV            Tax Considerations

Chapter 15       Stamp Duty Issues in Financing Transactions

Chapter 16       GST in Finance Transactions

Part V             Security and the PPSA

Chapter 17       Security Outside the PPSA

Chapter 18       An Overview of the PPSA: the PPSA Security Interest and other Key Concepts

Chapter 19       The PPSA and Security Interests over Intangibles: intellectual property, shares and securities held by intermediaries

Chapter 20       The PPSA and Asset Financing in Australia

Chapter 21       General Considerations in Taking  Security

Chapter 22       Inter-creditor Issues: Subordination and Priority

Chapter 23       Guarantees

Part VI            Insolvency Issues

Chapter 24       Insolvent Transactions

Chapter 25       Directors Duties to Creditors

Chapter 26       A Practical Comparison of Corporate and Trust Insolvency Procedures

Chapter 27       Loan to Own, Restructuring and Workouts

Chapter 28       Commercial Trusts and Managed Investment Schemes

Part VII           Other Current Issues

Chapter 29       Set-Off and Netting

Chapter 30       Privacy and Anti-Money Laundering Regimes