Wildy logo
(020) 7242 5778
enquiries@wildy.com

Wildy’s Book News

Book News cover photo

Vol 22 No 3 March/April 2017

Book of the Month

Cover of Company Directors: Duties, Liabilities and Remedies

Company Directors: Duties, Liabilities and Remedies

Edited by: Simon Mortimore
Price: £225.00

Pupillage & Student Offers

Special Discounts for Pupils, Newly Called & Students

Read More ...


Secondhand & Out of Print

Browse Secondhand Online

Read More...


UK Public Holiday May 2017

Wildy's will be closed on Monday 1st May and will re-open on Tuesday 2nd May.

Online book orders received during the time we are closed will be processed as soon as possible once we re-open on Tuesday.

As usual Credit Cards will not be charged until the order is processed and ready to despatch.

Any non-UK eBook orders placed after 5pm on the Friday 28th April will not be processed until Tuesday 2nd May. UK eBook orders will be processed as normal.

Hide this message

Intermediated Securities: Legal Problems and Practical Issues

Edited by: Louise Gullifer, Jennifer Payne

ISBN13: 9781849460132
Published: June 2010
Publisher: Hart Publishing
Country of Publication: UK
Format: Hardback
Price: £100.00



Low stock.

Also available as
£83.32
+ £16.67 VAT

Globally, there has been a shift from securities being held directly by an investor, to a situation in which many securities are held via an intermediary.

The existence of one or more intermediaries between the investor and the issuer has a potentially significant impact on the rights of the investor, the role and obligations of the issuer, and on the position and responsibilities of the intermediary.

However, different jurisdictions have dealt with the issues arising from intermediation in a variety of ways. In the UK, for example, the concept of a trust is used to explain the different rights and obligations which arise in this scenario, whereas in the US the issues have been addressed by legislation, in the form of UCC Article 8.

This variety is problematic, given that it is possible for an investor to hold securities in a number of different jurisdictions. A new UNIDROIT Convention on the issue of Intermediated Securities, the Geneva Securities Convention 2009, aims to create a common framework for dealing with these issues.

This collection of essays explores the issues that arise when securities are held via an intermediary, and in particular assesses the solutions put forward by the new Convention on this issue. It will be essential reading for practitioners and academics.

Subjects:
Banking and Finance
Contents:
1. Ownership of Securities: the Problems Caused by Intermediation
2. Interests in Securities: Practical Problems and Conceptual Solutions
3. Intermediated Securities: Issues arising on Insolvency
4. Core Issues under the UNIDROIT (Geneva) Convention on Intermediated Securities: Views from the United States and Japan
5. The Legal Nature of Securities: Inspirations from Comparative Law
6. Reuse of Financial Collateral Revisited
7. Taking Security over Intermediated Securities: Chapter V of the UNIDROIT (Geneva) Convention on Intermediated Securities
8. Intermediated Securities and the Right to Vote in the UK
9. Intermediated Securities: The Choice of a Choice of Law Rule
10. Remarks on the development of the UNIDROIT (Geneva) Convention on Intermediated Securities and its future
11. Views from Europe
Appendix: UNIDROIT Convention on Substantive Rules for Intermediated Securities: the Geneva Securities Convention 2009
Index