International tax arbitrage has come under intense scrutiny since the global financial crisis, and is usually portrayed as a form of aggressive tax avoidance. Press coverage has often shown little understanding of the distinction between tax avoidance and tax evasion, describing the legitimate behaviour of taxpayer banks, financial institutions and multinational businesses in emotive terms and often inaccurately.

This book aims to look at tax arbitrage, and demystify its practice.

Protected Cell Companies is a valuable resource for practitioners who work with this important new business form. The book provides comprehensive guidance on such complex issues as insolvency, veil-piercing, tax, and accounting, use for captive insurance companies,  and as a bankruptcy remote vehicle for special purpose vehicles, credit derivatives, and open-end investment companies.

This book is for asset-based lenders and their legal advisers and explains the options available when the borrower faces insolvency. For those new to the subject, the authors outline how asset-based lending works, and also the regulatory framework for insolvency.

A Guide to Insurance examines the practice of insurance law as an issue of governance. The author applies a practical approach to insurance regulatory law (both domestic and international) and provides a guide to current trends, markets and policy choices facing governments and regulators. The book covers the way captives as well as open market insurers are regulated, how they operate and what the potential issues are.

This book explains the principles of Islamic banking and finance. It then provides a guide to Islamic finance products such as istisna'a, murabaha,musharaka, mudaraba, ijara, sukuk and salam, so that the reader can understand the key concepts and main vocabulary of Islamic finance.

What is my theory? How do I choose a theory? Why and how should I employ a particular method for collecting the empirical data? This book helps address these questions.

The main question the book addresses is whether it is possible to determine the value of banks in general and Islamic banks in particular using generally available valuation models. But does this still hold in the current uncertain times?