Intermediated Securities

The Impact of the Geneva Securities Convention and the Future European Legislation

Nonfiction, Reference & Language, Law, Corporate, Commercial
Cover of the book Intermediated Securities by , Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781107241435
Publisher: Cambridge University Press Publication: May 30, 2013
Imprint: Cambridge University Press Language: English
Author:
ISBN: 9781107241435
Publisher: Cambridge University Press
Publication: May 30, 2013
Imprint: Cambridge University Press
Language: English

In today's financial markets, investors no longer hold securities physically. Instead, securities such as shares or bonds are mostly held through intermediaries and transferred by way of book-entries on securities accounts. However, there are remarkable conceptual differences between the various jurisdictions with regard to the legal treatment of intermediated securities. It is widely agreed that this patchwork creates considerable legal risks, especially in cross-border situations. Two initiatives are in place to reduce these risks. In 2009, the UNIDROIT Convention on Substantive Rules for Intermediated Securities (the 'Geneva Securities Convention') was adopted, aimed at harmonisation on the international level. The EU Commission is also running a legislative project, to achieve harmonisation at the regional level. This book compares both initiatives and analyses their impact on the securities laws of selected European jurisdictions.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

In today's financial markets, investors no longer hold securities physically. Instead, securities such as shares or bonds are mostly held through intermediaries and transferred by way of book-entries on securities accounts. However, there are remarkable conceptual differences between the various jurisdictions with regard to the legal treatment of intermediated securities. It is widely agreed that this patchwork creates considerable legal risks, especially in cross-border situations. Two initiatives are in place to reduce these risks. In 2009, the UNIDROIT Convention on Substantive Rules for Intermediated Securities (the 'Geneva Securities Convention') was adopted, aimed at harmonisation on the international level. The EU Commission is also running a legislative project, to achieve harmonisation at the regional level. This book compares both initiatives and analyses their impact on the securities laws of selected European jurisdictions.

More books from Cambridge University Press

Cover of the book To Measure the Sky by
Cover of the book High Time-Resolution Astrophysics by
Cover of the book Inflation and String Theory by
Cover of the book Bayesian Logical Data Analysis for the Physical Sciences by
Cover of the book Sextus Empiricus by
Cover of the book Law and the Technologies of the Twenty-First Century by
Cover of the book The New Cambridge Companion to Shakespeare by
Cover of the book A Comprehensive Course in Number Theory by
Cover of the book The Uses of Argument by
Cover of the book Paediatric Nursing Skills for Australian Nurses by
Cover of the book A Darkling Plain by
Cover of the book Global Environmental Change and Innovation in International Law by
Cover of the book Moderate and Deep Sedation in Clinical Practice by
Cover of the book Cicero on Politics and the Limits of Reason by
Cover of the book Explaining Social Behavior by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy