The relevance and importance of the choice of the governing law in financial agreements

Submitted Assignment from the year 2015 in the subject Law - Miscellaneous, grade: 64.00, School of Oriental and African Studies, University of London (CEFIMS), course: Legal Aspects of International Finance, language: English, abstract: Behind the importance of the choice of the governing law in financial agreements remain a 'inherent conflict between the cross-border nature of financial activities (...) and the local and national character of applicable of laws'.