AUSTRALIA AND NEW ZEALAND: INSOLVENCY, PAYMENT SYSTEMS, NETTING AND OTHER RELATED DEVELOPMENTS - The regulation by law of payment systems and of the use of netting techniques in settlements has contributed largely to the certainty and flexibility in worldwide financial systems, especially when one of the parties to settlement becomes insolvent. In Australia and New Zealand, although the principle ...
Year of publication: |
2004
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Authors: | Joseph, Anton |
Published in: |
Derivatives & financial instruments. - Amsterdam : IBFD Publ. BV, ISSN 1389-1863, ZDB-ID 14709764. - Vol. 6.2004, 2, p. 63-75
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