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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
05.07.2006Commission calls upon Member States to sign Hague Securities Convention
15.12.2003Commission proposes that the Community sign the Hague Securities Convention

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