Previous edition: 2008. Includes bibliographical references and index.

International Aspects of U.S. Capital Markets -- International Aspects of U.S. Banking Markets -- The European Union : The Single Market in Financial Services -- Europe's Economic and Monetary Union -- Japanese Financial Markets -- Capital Adequacy -- Foreign Exchange Regimes -- The Payment System -- Clearance and Settlement -- Euromarkets -- Asset Securitisation and the Financial Crisis -- Stock Market Competition -- Futures and Options -- Swaps -- Mutual and Hedge Funds -- Project Finance -- Privatization and Institutional Investors -- Emerging Market Debt -- Financial System Reforms in Developing and Emerging Markets -- Chinese Financial Markets -- Controlling the Financing of Terrorism, Terrorism Insurance, and Financial Terrorism. An essential reference work for both financial and legal professionals, the book provides overviews of the key international finance centres, with commentary and analysis of the global financial crisis.