The Convention on the law applicable to certain rights in respect of securities held with an intermediary, or Hague Securities Convention is an international multilateral treaty intended to remove, globally, legal uncertainties for cross-border securities transactions. The Convention was drafted under the auspices of the Hague Conference on Private International Law, which as resulted in several Conflict of Laws conventions.
Switzerland and Mauritius have ratified the convention, while it has been signed (but not ratified) by the United States. The European Commission recommended in July 2006 that its member states sign the Convention.
Read more about Hague Securities Convention: The Need For The Convention, Europe, Japan, New Test, Main Rule, Other Issues, Other Related International Conventions
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