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Intermediated Securities

Language EnglishEnglish
Book Hardback
Book Intermediated Securities Pierre Henri Conac
Libristo code: 01260938
Publishers Cambridge University Press, May 2013
In today's financial markets, investors no longer hold securities physically. Instead, securities su... Full description
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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.

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About the book

Full name Intermediated Securities
Language English
Binding Book - Hardback
Date of issue 2013
Number of pages 444
EAN 9781107023475
ISBN 1107023475
Libristo code 01260938
Weight 754
Dimensions 234 x 160 x 32
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