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Official Commentary on the UNIDROIT Convention on Substantive Rules for Intermediated Securities (Hardcover, Firsttion)
Loot Price: R8,799
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Official Commentary on the UNIDROIT Convention on Substantive Rules for Intermediated Securities (Hardcover, Firsttion)
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This authoritative guide to the Geneva Securities Convention is the
first and only UNIDROIT backed analysis of the content of the
international treaty. It streamlines the otherwise complicated and
numerous transactions of intermediated securities providing easy
access for practitioners and scholars in the field. The Commentary
is written by participants to the negotiations and discussions
which resulted in the final version of the treaty.
The Geneva Securities Convention was developed as a result of the
change in the way that securities are held and highlights the
position of intermediated securities at the core of the
international financial system. The Convention includes key
provisions for governing intermediated securities designed to
harmonise domestic law and clarify points of difficulty. The
general introduction to the commentary sets out the reasons for
developing the Convention and the principal concepts underlying its
development. The main part of the commentary follows the structure
of the Convention and is arranged on an article-by-article basis.
The treatment of each article is subdivided into three main parts:
An introduction explaining the main goal of that article; a section
setting out the genesis of the provision during intergovernmental
negotiation; and a part discussing in depth the application of the
provision with reference to practical examples.
The Convention is a highly complex instrument and the commentary
provides much-needed guidance to the application and interpretation
of its provisions. This is a must-have reference for lawyers and
scholars interested in financial law, as well as securities
intermediaries, clearing houses, banks and government officials.
General
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