Hague Securities Convention
The Convention on the law applicable to certain rights in respect of securities held with an intermediary, or Hague Securities Convention is an international multilateral treaty intended to remove, globally, legal uncertainties for cross-border securities transactions. The Convention was drafted under the auspices of the Hague Conference on Private International Law, which as resulted in several Conflict of Laws conventions.
Convention on the law applicable to certain rights in respect of securities held with an intermediary | |
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Signed | 5 July 2006 |
Location | The Netherlands |
Effective | 1 April 2017 |
Condition | Ratification by 3 states |
Signatories | 3 |
Parties | 3 (Mauritius, Switzerland, United States) |
Depositary | Ministry of Foreign Affairs (Netherlands) |
Languages | English and French |
Switzerland, Mauritius and the United States have ratified the convention, which entered into force on 1 April 2017. The European Commission recommended in July 2006 that its member states sign the Convention, but this recommendation was later withdrawn.
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