The new 17th edition of Chalmers & Guest provides a complete encyclopaedia to the law and practice relating to bills of exchange, cheques and promissory notes.

It covers the complete banking law and practice in relation to negotiable instruments and presents detailed expert commentary on all aspects of the law relating to bills of exchange, cheques and promissory notes. It considers the capacity and authority of parties, offers extensive references to the relevant case law and looks at modern trends, such as electronic transfer of funds.

Also, the book provides commentary on the important cases that have occurred since the previous edition and includes an extended range of references to Commonwealth authorities. It takes into consideration the Gambling Act 2005, the Consumer Credit Act 2006 and other statutory changes since the previous edition and looks at the recent legislation amendments including those to the Bills of Exchange Act 1882 and Cheques Act 1982.

An exhaustive and up-to-date treatise on the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002, with Security Interest(Enforcement) Rules 2002, as amended up-to-date.

This volume examines set-off and netting, derivatives and clearing systems, providing a comparative overview of the law and practice in the key jurisdictions of the world.

• Contains a worldwide comparative study of set-off and netting including a survey of special netting statutes globally
• Provides outlines of set-off and netting agreements together with commentary, including group account netting
• Surveys the types of derivatives and derivatives markets
• Examines derivatives documentation
• Provides clear outlines for swaps and derivatives transactions often muddled by imprecise jargon
• Discusses the legal risks arising from derivatives
• Analyses the ISDA master agreement
• Deals with the law of securities settlement systems