Everett and McCracken's Banking and Financial Institutions Law (Instant Digital Access Code Only)

Edition : 10th, 2026
Author(s) : Sheelagh McCracken, Gregory Tolhurst, Ann Wardrop

Everett and McCracken's Banking and Financial Institutions Law (Instant Digital Access Code Only)
- ISBN: 9780455247465
- SKU: 308578V
- Format: VitalSource eBook/PDF
$105.77

List Price: $120.19

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Description

This 10th edition of Everett & McCracken’s Banking and Financial Institutions Law follows its predecessors in providing a comprehensive legal analysis of the Australian financial sector. For almost 40 years this work has chronicled the legal development of the sector, offering broad coverage of the legal concepts and principles which typically arise in banking and finance transactions. The structure of the book remains familiar. The text opens in Part 1 with a detailed examination of the regulatory framework, which continues to be marked by a diversity of regulators and a multiplicity of regulatory regimes. In Part 2, the text advances a general framework for analysing financing transactions. As in recent editions, it builds in this Part on contractual and property law concepts. It focuses on complexities arising from the role of financial institutions and the intricate and specialised nature of their business and the financial assets with which they deal. Part 3 then moves to an analysis of the operation of payment instruments. Part 4 examines the various modes of taking security, together with methods of enforcing security on a debtor’s insolvency. Part 5 concludes by analysing common financing structures such as syndication, securitisation and subordination. The text has been closely reviewed and fully updated to reflect changes introduced by legislation and case law since the publication of the last edition in 2017. In particular, the text: - expands the treatment of the regulatory framework in Part 1. It takes into account changes to regulators’ mandates and practices and to finance sector regulation generally. Several chapters now cover new material on financial stability regulation; payments system regulation, sustainable finance regulation and the digitalisation of finance; - extends analysis in Part 4 of the impact of financial distress and insolvency of debtors, in the wake of recent law reform. It provides new sections on provisional liquidation and the small business restructuring process. It further develops discussion on receivers and liquidators, as well as on the nature and effect of voluntary administration and deeds of company arrangement; and - introduces into Part 2 a discussion of economic foundations of money and banking. It explores fundamental questions on the nature of money and monetary structures and considers their impact on legal interpretation, covering classic banking law doctrines as well as modern cryptocurrencies.