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The trend towards internationalization, especially in the trade and
finance sectors, brings with it an urgent need to know about
financial transactions and how they affect currencies. Rapid
technological developments are having profound effects on financial
transactions, the law and the commercial transactions sustained by
that law. The progress in the creation of a single currency for use
within the European Community have engendered major controversies
over acceptable forms of financial transactions. This work presents
the national reports and the general report of the panel on
financial transactions which convened at the Athens Conference on
Comparative Law, 1994. It reviews the interrelationship between
modern techniques for financial transactions and currencies, and
the general report ties them all together, as well as
distinguishing some common themes in dealing with modern financial
transactions.
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