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Book
BELFOX : la bourse belge des futures et options
Authors: --- ---
ISBN: 2869110677 9782869110670 Year: 1991 Publisher: Paris: Eska,


Book
Livraison contre paiement dans les systèmes de règlement de titres
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ISBN: 9291312142 Year: 1992 Publisher: Bâle Banque des règlements internationaux


Book
La fiscalité belge des titres à revenus fixes : régime classique versus clearing fiscal X/N
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ISBN: 2802712977 9782802712978 Year: 1999 Volume: 31 Publisher: Bruxelles Bruylant


Book
Toonderstukken afgeschaft ! : uw 70 antwoorden
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ISBN: 9789050956246 9050956246 Year: 2007 Publisher: Antwerpen Oxford Intersentia


Book
Intermediated securities : the impact of the Geneva Securities Convention and the future European legislation
Authors: --- ---
ISBN: 1139889079 110724143X 1107250994 1107250161 1107247675 1107248507 1139151231 1107249333 9781107250161 9781139151238 9781107247673 9781107023475 1107023475 9781139889070 9781107250994 9781107248502 9781107249332 1299841732 Year: 2013 Publisher: Cambridge : Cambridge University Press,

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Abstract

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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