Jumat, 19 Februari 2016

@ Ebook Download Intermediated SecuritiesFrom Cambridge University Press

Ebook Download Intermediated SecuritiesFrom Cambridge University Press

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Intermediated SecuritiesFrom Cambridge University Press

Intermediated SecuritiesFrom Cambridge University Press



Intermediated SecuritiesFrom Cambridge University Press

Ebook Download Intermediated SecuritiesFrom Cambridge University Press

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Intermediated SecuritiesFrom Cambridge University Press

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.

  • Sales Rank: #2731725 in eBooks
  • Published on: 2013-05-31
  • Released on: 2013-08-29
  • Format: Kindle eBook

Review
"It is essential that the issues considered here are kept within the sphere of debate, and the discussion in the book will help to inform the deliberations when (and it must surely be "when" rather than "if") harmonizing legislation in relation to the holding of securities through intermediaries results. The high quality of the book, informed by both practical knowledge and depth of academic thinking, means that it will be of use not only to policy makers and those involved in the harmonization process, but also to those working in the field under the existing legal regime ... an important contribution to that debate in Europe, and deserves to be widely read."
Louise Gullifer, Common Market Law Review

About the Author
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.

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@ Ebook Download Intermediated SecuritiesFrom Cambridge University Press Doc

@ Ebook Download Intermediated SecuritiesFrom Cambridge University Press Doc

@ Ebook Download Intermediated SecuritiesFrom Cambridge University Press Doc
@ Ebook Download Intermediated SecuritiesFrom Cambridge University Press Doc

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