Cross-border Electronic Banking

Use this book to understand and grasp the legal technicalities imposed by cross-border electronic banking
Covers everything from payment systems to the laws governing transfers
Written by a panel of specialist lawyers and senior academics

If you work in the banking industry or work for clients in that industry, this eye-opening and incisive treatise on the legal impact of international electronic banking will be an essential addition to your library.

Now in its second edition, Cross-border Electronic Banking is designed to assist your understanding of the legal issues in this area - especially given the enormous growth in international transfers via electronic media which has occurred in recent years.

Written by an international panel of specialist lawyers and academics, Cross-border Electronic Banking addresses everything from the changes made to payment clearing since the deregulation of cross-border flows of funds, to the development of capital adequacy ratios and the Euro. This insightful and revealing book, backed up by extensive practical experience, will alert you to the ways that electronic banking practices affect even the simplest daily transactions, and will unveil the legal technicalities imposed by these developments.

The second edition of Cross Border Electronic Banking gives you timely and detailed insights to enable you to grasp the legal complexities quickly and enable you to take action for your clients more confidently. It explains the increasingly complex emerging payment system for the information economy.

Cross Border Electronic Banking looks at both business to business transactions and banker-customer relationships. It also discusses the latest developments including the new EC Directive on regulating the issuing of electronic money. This directive is being adopted at the moment and has not previously been covered in any other book. Elsewhere, the book reveals how the Bolero system works and examines the contractual requirements involved and which you need to be aware of.

All of these issues are highly topical and are yet to be covered in other works on the subject, which means that Cross Border Electronic Banking is a first port of call if you are called upon to advise in these areas.

Burgeoning with practical advice, industry knowledge and revealing insights, Cross Border Electronic Banking will be essential reading for bankers, in-house counsel to banks and other financial institutions, banking solicitors, barristers and supervisory bodies. It will also provide help and guidance for Heads of Operations at Investment Banks, Heads of Trading/Dealing, Heads of IT and accountants.