Hague Convention
The great majority of securities in the financial
markets are now held in electronic book entry form in securities
accounts with custodians or depositaries or settlement systems resulting
in proprietary rights in or for the delivery or transfer of the
securities concerned.
The Hague Convention on the law applicable to certain
rights in respect of securities held with an intermediary, agreed on
13 December 2002, is an international multilateral treaty intended to
remove, at a global scale, legal uncertainties for cross-border
securities transactions.
Signature of the Convention
| 25.03.2009 |
Commission
withdraws proposal for a Council Decision concerning the signing
of the Hague Convention on the Law applicable to certain rights in
respect of securities held with an intermediary |
| 05.07.2006 |
Commission calls upon Member States to sign Hague Securities
Convention
|
| 15.12.2003 |
Commission proposes that the Community sign the Hague Securities
Convention
|
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