While providing a wealth of intensely practical information, its heart is highly conceptual and very ambitious... likely to become a classic text in its field. - American Journal of Comparative Law (review of the 1st edition)Volume 5 of this new edition uses the insights developed in Volumes 3 and 4 to deal with financial products and financial services, the structure and operation of banking and of the capital markets, and the role of modern commercial and investment banks. Sections on products and services address blockchain and its potential in the payment system, in securitisations, in the custodial holdings of investment securities, and in the derivative markets.This magisterial work is made up of 6 volumes. Used independently, each volume allows the reader to delve into a particular topic. Alternatively, all volumes can be read together for a comprehensive overview of transnational comparative commercial, financial and trade law.