Mann and Proctor on the Law of Money. 8th edition @PhillipBTaylor
Mann and Proctor on the Law of Money. 8th edition  @PhillipBTaylor
Uploaded April 2023 | Updated September 2026, 2 weeks ago
BOOK REVIEW

MANN AND PROCTOR ON THE LAW OF MONEY
Eighth Edition

By Charles Proctor


ISBN 978 0 19880 492 5

OXFORD UNIVERSITY PRESS

oup.com



FILTHY LUCRE REVISITED!

An appreciation by Elizabeth Robson Taylor MA of Richmond Green Chambers and Phillip Taylor MBE, Head of Chambers, Reviews Editor, “The Barrister”, and Mediator


What a book for bankers! “Mann and Proctor on the Law of Money” has been with us for a long time, being first published in 1939, and now appearing as the eighth edition from Charles Proctor. We are most grateful to Oxford University Press for continuing to publish this work as it has a special standing in monetary law for both lawyers and economists.


The work remains the premier work on monetary law obligations and monetary conduct now for the eighth edition. It’s the only comprehensive treatment of both public and private law of money from English, European, and international law perspectives, providing a single source dealing with all issues relating to monetary law. We believe it will be of interest to both experienced lawyers and those new to monetary policy for its fresh insights on money.

The book reviews current and controversial legal matters in detail. It includes a formidable analysis of the issues which arose from the shameful financial crisis, such as the legal aspects of quantitative easing which remains a hot topic of fiscal controversy- how we would all love to print as much money as possible to get ourselves out of debt (by increasing it). It is a carefully structured book examining all the main topic areas, permitting advisers to obtain direct access to sections which will be relevant to their interests and the problems of their clients.

Charles Proctor has included some useful information for the practitioner here with the eighth edition. He has updated the material to explain most recent developments in the law of money, such as the award of interest by way of damages following the decision in Sempra Metals as just one example of many detailed caselaw authorities.

Practitioners are also given an excellent analysis of the consequences of Brexit for monetary law which educates rather than pontificates on this generational change in the UK’s position within the global community. We found that there is a useful discussion of the impact of virtual currencies such as Bitcoin on the definition of 'money'- currently a controversial area for many economists.

The book also considers 'currency wars', and a further analysis of legal restrictions against the manipulation of the international monetary system. It offers coverage of issues concerning central banking with significant updates on both the continuing role of the International Monetary Fund (IMF) and the European Central Bank (ECB) in relation to the Greek crisis. There is a most useful examination of the monetary law consequences of hyperinflation in Zimbabwe (formerly Rhodesia).


The new hardback eighth edition was published by Oxford University Press on 13th January 2023.
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Mann and Proctor on the Law of Money. 8th edition

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