Derivatives Regulation and Legal Risk: Managing Uncertainty in Derivatives Transactions is an invaluable guide to understanding how financial derivatives are regulated in the UK, US and Australia, Derivatives Regulation and Legal Risk: Managing Uncertainty in Derivatives Transactions provides a detailed account of the rules, principles and regulation that govern derivatives contracts. Recent litigation has shown that legal risk and legal uncertainty continue to be of both operational and practical significance in contracting, transacting and documenting financial derivatives. This book examines in detail the key market practices and standard documentation that can be used by practitioners to minimise their legal risk.