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Study of Legal Problems of Derivatives and Other New Financial Products

Research Project

Project/Area Number 07452005
Research Category

Grant-in-Aid for Scientific Research (B)

Allocation TypeSingle-year Grants
Section一般
Research Field Civil law
Research InstitutionThe University of Tokyo, Faculty of Law

Principal Investigator

EGASHIRA Kenjiro  The Univdesity of Tokyo, Faculty of Law, Professor, 法学部, 教授 (20009822)

Co-Investigator(Kenkyū-buntansha) KURONUMA Etsuro  Kobe Univdesity, Faculty of Law, Professor, 法学部, 教授 (40170138)
NAKAZATO Minoru  The Univdesity of Tokyo, Faculty of Law, Professor, 法学部, 教授 (10164154)
KANDA Hideki  The Univdesity of Tokyo, Faculty of Law, Professor, 法学部, 教授 (90114454)
IWAHARA Shinsaku  The Univdesity of Tokyo, Faculty of Law, Professor, 法学部, 教授 (20107486)
OCHIAI Seiichi  The Univdesity of Tokyo, Faculty of Law, Professor, 法学部, 教授 (80009852)
石黒 一憲  東京大学, 大学院・法学政治学研究科, 教授 (00009854)
高橋 宏志  東京大学, 大学院・法学政治学研究科, 教授 (40009832)
Project Period (FY) 1995 – 1997
Project Status Completed (Fiscal Year 1997)
Budget Amount *help
¥6,000,000 (Direct Cost: ¥6,000,000)
Fiscal Year 1997: ¥1,200,000 (Direct Cost: ¥1,200,000)
Fiscal Year 1996: ¥2,400,000 (Direct Cost: ¥2,400,000)
Fiscal Year 1995: ¥2,400,000 (Direct Cost: ¥2,400,000)
KeywordsDerivatives / Swap / Option / Future / Forward / Disclosure / Bank / Securities / オプション取引 / エクイティ・スワップ / コモディティ・スワップ / クレジット・スワップ / 企業会計 / ディスクロージャー / 金融先物取引 / 銀行法 / 証券取引法 / 商品取引所法 / 破産法 / FRA取引
Research Abstract

This project intends to analyze the legal problems concerning the innovative financial products such as derivatives. Derivatives products are, because of their special characteristics, giving rise to complicated problems in many fields of law, such as civil- and commercial law, banking Law, securities law, tax law. Members of the project investigated law and practices of derivatives in Japan and foreign countries comprehensively, and presented the possible solutions under the existing Japanese legal system. Furthermore they tried to describe the new legislative measures that are required for the sound developments of the derivatives in Japan. Subjects taken up under the project are, for instance, treatment of derivatives transacions under the bankruptcy proceeding, and distinction derivatives from insurance or wager in the field of private law. In the fields of banking law and securities regulation, regulation on the OTC-derivatives and risk management system in the financial institutions concerning the derivatives are main topics. Some members of the project reported on the results of the reserch at the sympojium of the Japanese Society of Law of Finance in October 1998, and they also contributed greatly to the recent amendments of the Banking Act and the Securities Transaction Act.

Report

(4 results)
  • 1997 Annual Research Report   Final Research Report Summary
  • 1996 Annual Research Report
  • 1995 Annual Research Report
  • Research Products

    (31 results)

All Other

All Publications (31 results)

  • [Publications] 神田 秀樹: "金融規制の将来-法的視点" ジュリスト. 1095号. 16-20 (1996)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] 神田 秀樹: "派生商品分野における不公正取引" 証券取引における自己責任原則と投資者保護. 95-100 (1996)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] 中里 実: "デリバティブ取引に伴う国際課税問題" ジュリスト. 1075号. 57-62 (1995)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] 中里 実: "金融取引に関する租税制度の将来についての雑感" 公社債月報. 477号. 2-10 (1996)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] 中里 実: "金融革命の進行と租税法" 租税法研究. 24号. 1-22 (1996)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] 中里 実: "アメリカにおける金融派生商品の国際課税" 国際課税の理論と実務. 204-225 (1997)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] 中里 実: "情報通信革命と金融革命の中の租税法" ジュリスト. 1117号. 34-40 (1997)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] 神田 秀樹: "デリバティブをめぐる法的諸問題・総論" 金融法研究. 14号. 3-22 (1998)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] 岩原 紳作: "デリバティブ取引に関する監督法上の諸問題" 金融法研究. 14号. 22-52 (1998)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] 落合 誠一: "銀行ディスクロージャー立法のあり方" ジュリスト. 1095号. 121-127 (1996)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] 落合 誠一: "銀行ディスクロージャーの立法論的検討" 金融法研究. 12号. 83-99 (1996)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] Hideki KANDA: "Future of Regulation of Financial Insititution" Jurist. No.1095. 16-20 (1996)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] Hideki KANDA: "Unfair Tradings in the Financial Derivative Transactions" Study Group on the Securities Regulation (ed.) , Automomy of Investors and Investor Protection under Investment Transactions, Institute of Japan Securities Economics. 95-100 (1996)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] Hideki KANDA: "Legal Issues on Financial Derivatives -An Overview" Journal of the Law of Finance. No.14. 3-22 (1998)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] Shinsaku IWAHARA: "Legal Issues on Financial Derivatives -Problems in Supervision of Financial Institutions" Journal of the Law of Finance. No.14. 22-52 (1998)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] Seiji OCHIAI: "What Disclosure Should Banks Make?" Journal of the Law of Finance. No.12. 83-99 (1996)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] Seiji OCHIAI: "What Disclosure Should Banks Make?" Jurist. No.1095. 121-127 (1996)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] Minoru NAKAZATO: "International Taxation of the Derivatives Transaction -An Example of Equity Swap" Jurist. No.1075. 57-62 (1995)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] Minoru NAKAZATO: "Tax Law under the Information Revolution and the Financial Revolution" Jurist. 34-40 (1997)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] Minoru NAKAZATO: "Future of Taxation of the Financial Transaction" Bond Review. No.477. 2-10 (1996)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] Minoru NAKAZATO: "International Taxation of the Financial Derivatives under American Law" Hisoshi KANEKO (ed.) Theory and Practice of International Taxation YUHIKAKU. (1997)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] Minoru NAKAZATO: "Financial Innovation and Tax Law" Japan Tax Law Review. No.24. 1-22 (1996)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1997 Final Research Report Summary
  • [Publications] 中里 実: "情報通信社会と金融革命の中の租税法" ジュリスト. 1117号. 34-40 (1997)

    • Related Report
      1997 Annual Research Report
  • [Publications] 中里 実: "アメリカにおける金融派生商品の国際課税" 金子宏編・国際課税の理論と実務(有斐閣). 204-225 (1997)

    • Related Report
      1997 Annual Research Report
  • [Publications] 岩原紳作: "デリバティブに関する監督法上の諸問題" 金融法研究. 14号. 16-44 (1998)

    • Related Report
      1997 Annual Research Report
  • [Publications] 神田秀樹: "デリバティブをめぐる法的諸問題" 金融法研究. 14号. 1-16 (1998)

    • Related Report
      1997 Annual Research Report
  • [Publications] 落合 誠一: "銀行のディスクロージャー立法のあり方" ジュリスト. 1095号. 121-127 (1996)

    • Related Report
      1996 Annual Research Report
  • [Publications] 神田 秀樹: "金融規制の将来" ジュリスト. 1095号. 16-20 (1996)

    • Related Report
      1996 Annual Research Report
  • [Publications] 神田 秀樹: "アメリカ資本市場規制の将来" 資本市場. 134号. 4-17 (1996)

    • Related Report
      1996 Annual Research Report
  • [Publications] 神田 秀樹: "商法会計のゆくえ" 企業会計. 48巻9号. 25-29 (1996)

    • Related Report
      1996 Annual Research Report
  • [Publications] 中里 実: "金融取引に関する租税制度の将来についての雑感" 公社債月報. 477号. 2-10 (1996)

    • Related Report
      1996 Annual Research Report

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Published: 1995-04-01   Modified: 2016-04-21  

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