The third edition of this uniquely wide-ranging work once again grapples with the dynamic and complex fields of law that make up the modern law of international commerce, finance, and trade. It is an unrivaled guide for students and practitioners. The original structure has been retained, with an extensive introductory chapter dealing with the sources of modern commercial and financial law in its comparative context, the forces of transnationalization, and the development of the modern law merchant or lex mercatoria as a largely autonomous finance-driven event. Further chapters deal with modern developments in contract, payments, and moveable, tangible, and intangible assets and the emergence of new proprietary rights in them. Later chapters look at finance leases, repos, receivable financings and securitizations, the regulation of cross-border financial services, and investment banking practices.