Grey Areas in Eurocurrency Deposits and Placements: The Need for an International Legal Regime

Hardcover (Print)
Not Available on

Product Details

  • ISBN-13: 9781855215375
  • Publisher: Ashgate Publishing, Limited
  • Publication date: 8/1/1994
  • Pages: 416

Table of Contents

List of Figures
Ch. 1 The Nature and Origins of the Eurocurrency Market
A The capital, money, and foreign exchange markets 2
B The eurocurrency market 4
Ch. 2 The Mechanics of Eurocurrency Deposits and Interbank Placement Operations
Ch. 3 The Common Law Rules on the Operation of Bank Deposits
A The theoretical basis of the common law rules 80
Ch. 4 The Application of the Common Law Rules to Eurocurrency and Offshore Currency Deposits
A The grey areas: repayment, conflicts of jurisdiction and the proper law 120
B The grey area concerning home office liability 141
Ch. 5 The Limitations of the Common Law Rules and The Need For an International Legal Regime
Ch. 6 Redefining the Concept and Nature of Payment
A Determining the nature of payment 183
B Determining the time of payment in credit transfers 193
C Determining finality of payment 205
Ch. 7 Redefining the Law to Govern Eurocurrency Deposit Contracts
A Modern approaches to choice of law 218
B The law governing the eurocurrency deposit contract 227
Ch. 8 Extraterritoriality and Conflicts of Jurisdiction in the Operation of Offshore Currency Deposits
A Situations involving conflicts of jurisdiction 270
B The concept of international jurisdiction 271
C Resolving conflicts of jurisdiction in the offshore currency market 282
Ch. 9 National Intervention, Risk Allocation and Home Office Liability for Offshore Branch Deposits
A Home office liability and the repayment of eurocurrency deposits 321
B The nature of the problem 323
C The typology of responses to national intervention 324
Conclusion: Towards the Creation of an International Legal Regime 342
Appendix 1. Royal Bank of Canada (London) Standing Order 8.05 Deal Confirmations 365
Appendix 2. Sample Wholesale Deposit Confirmation Documentation 373
Appendix 3. Sample Documentation for Time/Fixed Term Deposits 379
Appendix 4. Sample Account Opening Documentation 385
Appendix 5. Sample Statement for a Call Deposit or Account 395
Bibliography 399
Index 413
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star


4 Star


3 Star


2 Star


1 Star


Your Rating:

Your Name: Create a Pen Name or

Barnes & Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation


  • - By submitting a review, you grant to Barnes & and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Terms of Use.
  • - Barnes & reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)