Other Related International Conventions
In 2003 Unidroit started a negotiation process with a view to harmonise the material aspects of intermediated securities. The purpose is to achieve a further step towards legal integration of securities markets, that consist not only in identifying the applicable law, but also in harmonising some parts of the legislation of the signatory States. These negotiations eventually reached the adoption, in October 2009, of the Unidroit convention on substantive rules for intermediated securities also known as the Geneva Securities Convention.
Read more about this topic: Hague Securities Convention
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