Intermediated Securities: The Impact of the Geneva Securities Convention and the Future European Legislation - Couverture rigide

Couverture rigide

ISBN 10 : 1107023475 ISBN 13 : 9781107023475

Editeur : Cambridge University Press, 2013

Synopsis

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.

A propos du livre

À propos des auteurs

Pierre-Henri Conac is Professor of Commercial and Company Law at the University of Luxembourg.

Ulrich Segna is an assistant researcher at the University of Luxembourg.

Luc Thévenoz is Professor at the Faculty of Law, University of Geneva, Switzerland, where he also directs the Centre for Banking and Finance Law.

Détails de l'édition

• Éditeur: Cambridge University Press
• Date d'édition: 2013
• Langue: anglais
• ISBN 10: 1107023475
• ISBN 13: 9781107023475
• Reliure: Relié
• Nombre de pages: 444
• Éditeur: Conac Pierre-Henri, Segna Ulrich, Thévenoz Luc
• Coordonnées du fabricant: non disponible
• Personne responsable: Avery; https://www.avery.fr/; ; chemin des peupliers 27; Dardilly; France