Description
Book SynopsisThis book provides a definition and classification for Sovereign Wealth Funds (SWFs) and discusses its phenomenon within the legal context.
Trade ReviewBassan provides a remarkable compendium on the relevant laws, regulations, and standards affecting sovereign wealth funds. These institutions are now at the very centre of the global financial system and demand greater appreciation of their distinctive qualities as well as their likely implications for nation-states and the global economy. Bassan's book is a unique contribution to understanding the governance and regulation of these institutions and will be an important resource book for those who must grapple with the growing power and global scope of these institutions. --Gordon L. Clark, University of Oxford, UK and Monash University, Australia
This book is not the final word on the law of sovereign wealth funds (SWFs) but it should be the first word: the place any researcher should start their research. It is sensible, comprehensive, and balanced and it is the first monograph-length analysis of this topic of which I am aware. . . anyone wanting to understand the law that governs SWFs could do no better than by starting with this book. . . It is essential reading for all policy makers in the field, and for all who practise in this area of law, or who seek to study it. --Ross P. Buckley, Journal of International Economic Law
[A} work that is both important, and likely to become foundational in the field that has yet to fully define itself. Bassan has helped take an important step in that direction. Bravo --Larry Catá Backer, Law at the End of the Day blog
Table of ContentsContents: Foreword by Franco Bassanini Part I: SWFs: New Actors in the International Scene. A Definition and Classification 1. Sovereign Entities Investing Abroad as Private Entities: Limits of the Conventional Framework 2. SWFs: Definition and Classification Part II: SWFs’ National and International Regulation 3. Sovereign Wealth Funds’ Regulation 4. Host States’ Laws and SWFs Part III: SWFs’ Protection in Bilateral Relations 5. SWFs and State Immunity 6. SWFs and Bilateral Investment Treaties 7. Conclusions Bibliography Index
