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UNCITRAL guide on the implementation of a security rights registry

image of UNCITRAL guide on the implementation of a security rights registry
This publication (the Registry Guide) provides guidance to States with respect to the establishment and operation of a general security rights registry of the kind recommended in the UNCITRAL Legislative Guide on Secured Transactions (the Secured Transactions Guide). The Guide is a stand-alone text discussing the key issues that should be addressed in secured transactions law in line with the Secured Transactions Guide and in some detail all practical issues related to the establishment and operation of a general security rights registry. It also contains recommendations that suggest how all registry-related issues should be addressed in administrative registry regulations and examples of registry forms, intended to provide guidance to the registry system designers, the registry staff and the registry users.

English Spanish, French

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Introduction

The UNCITRAL Guide on the Implementation of a Security Rights Registry (the “Registry Guide”) builds on the UNCITRAL Legislative Guide on Secured Transactions (the “Secured Transactions Guide”) and its Supplement on Security Rights in Intellectual Property (the “Intellectual Property Supplement”), which deal with the full range of issues that should be addressed in modern laws on secured transactions. The establishment of a publicly accessible registry in which information about the potential existence of a security right in a movable asset may be registered is an essential feature of the Secured Transactions Guide and of modern law reform initiatives in this area generally. Chapter IV of the Secured Transactions Guide contains commentary and recommendations on many aspects of a general security rights registry. Chapters III and V of that Guide address the related issues of the effectiveness of a security right against third parties and the priority of a security right.

English French, Spanish

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