The current book examines the three most influential private financial organisation. All of them cover financial markets with trillions around the word. The role of the International Swaps and Derivatives Association (ISDA), the International Capital Market Association (ICMA) and the Loan Market Association (LMA) have become more important since the last global financial crisis in 2007/8 and the discussion whether or not markets should be regulated publicly or by themselves. Today, financial markets have a vital role for all market-based economies, because they influence wealth in society. Therefore, the work weighs up the advantages and the disadvantages by public and private regulation. The examination uses actual information available from the three organisations mentioned above. Moreover, current issues are discussed and the most important solutions are presented at the end.

Stanyo Dinov, Master of Law, Bulgaria 1999, General Counsel at Sediment Private EAD, Sofia 1999-2002and Transstroy-Avtomatika i Montazi AD, Sofia 2000-2002.LLM at the University of Heidelberg.2002-2004Leger Advisor at Tuengerthal & Libenau, Mannheim 2004-2014. LLM at the University of Glasgow 2014-2015. PhD at the University of Heidelberg 2017.