Examples of using Held with an intermediary in English and their translations into Arabic
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Colloquial
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Political
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Ecclesiastic
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Ecclesiastic
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Computer
Securities held with an intermediary.
Law applicable to priority of interests in securities held with an intermediary.
The Convention on the LawApplicable to Certain Rights in respect of Securities Held with an Intermediary(the Hague Securities Convention) had been adopted quite speedily in 2002 but so far only two States had signed it.
Convention on the Law Applicable to Certain Rights in Respect of Securities Held with an Intermediary.
Priority of interests in securities held with an intermediary(applicable law)[Article 2(1)].
Unidroit is also preparing a draft convention onharmonized substantive rules regarding securities held with an intermediary.
To establish common provisions on the law applicable to securities held with an intermediary beneficial to States at all levels of economic development.
In 2001, UNIDROIT set up a Study Group for the preparation ofharmonized substantive rules regarding securities held with an intermediary.
Convention on the Law Applicable to CertainRights in Respect of Securities Held with an Intermediary(The Hague, 2006)-- prepared by the Hague Conference.
In 2002, the Hague Conference on Private International Law completed the Convention on the LawApplicable to Certain Rights in Respect of Securities Held with an Intermediary.
Requirements for perfection of a disposition of securities held with an intermediary(applicable law)[Article 2(1)].
(c) If none of the above rules apply, the applicable law would be determined by fallback rules based on article 5 of the Hague Convention on theLaw Applicable to Certain Rights of Securities Held with an Intermediary.".
(mm) UNIDROIT Restricted StudyGroup on Harmonized Rules for Use of Securities Held with an Intermediary as Collateral(Rome, 11-14 March 2003);
If the applicable law is not determined pursuant to the preceding two sentences, the applicable law is to be determined pursuant to default rules based on article 5 of the Hague Convention on the LawApplicable to Certain Rights in Respect of Securities Held with an Intermediary.
It was also observed that the Convention on the LawApplicable to Certain Rights in Respect of Securities Held with an Intermediary, prepared by the Hague Conference, could provide a useful precedent of such an approach.
The law should also specify that, if the applicable law is not determined pursuant to the preceding two sentences, the applicable law is to be determined pursuant to fallback rules based on article 5 of the Hague Convention on the LawApplicable to Certain Rights in Respect of Securities Held with an Intermediary.
To reduce legal risk, systemic risk,and associated costs in relation to cross-border transactions involving securities held with an intermediary so as to facilitate the international flow of capital and access to capital markets.
As a result in part of the intensifying tripartite cooperation with UNCITRAL and UNIDROIT, promising contacts have been made with the World Bank concerning promotion of our most recent convention, the Convention on the LawApplicable to Certain Rights in respect of Securities held with an Intermediary.
The preliminary draft Convention onHarmonised Substantive Rules regarding Securities held with an Intermediary does not refer to" writing" as such, even if it refers to specific agreements, to instructions given by the account holder to the intermediary, etc., stating however that they are not subject to any form requirement under the draft Convention.
Priority normally included the steps to obtain priority which, as was clear from the draft HagueConference text on the law applicable to securities held with an intermediary, should be referred to the same law.
(b)(i) Transactions on a regulated exchange;(ii) foreign exchange transactions;(iii) inter-bank payment systems, interbank payment agreements or clearance and settlement systems relating to securities or other financial assets or instruments;(iv) the transfer of security rights in, sale, loan or holding of oragreement to repurchase securities or other financial assets or instruments held with an intermediary.
This is one of the goals achieved in respect of receivables by the United Nations Assignment Convention and in respect of indirectly held securities by the Convention on the LawApplicable to Certain Rights in respect of Securities held with an Intermediary, adopted by the Hague Conference on Private International Law in December 2002(hereinafter the" Hague Securities Convention").
(a)(i) Transactions on a regulated exchange;(ii) foreign exchange transactions;(iii) inter-bank payment systems, inter-bank payment agreements or clearance and settlement systems relating to securities or other financial assets or instruments;(iv) the transfer of security rights in, sale, loan or holding of or agreement to repurchase securities or other financial assets orinstruments held with an intermediary;
The Commission may wish to note that NIS are not addressed in the Unidroit Convention on Substantive Rules for Intermediated Securities(the" Unidroit Securities Convention"), the Convention on the LawApplicable to Certain Rights in Respect of Securities held with an Intermediary(the" Hague Securities Convention") or the UNCITRAL Legislative Guide on Secured Transactions(the" Secured Transactions Guide").
By assuring that a trust for purpose of security is recognized as such in non-trust jurisdictions, there is possible overlap with other instruments that govern security devices regardless of their form, such as the United Nations Convention on the Assignment of Receivables in International Trade, the UNCITRAL Legislative Guide on Secured Transactions, and the Convention on the LawApplicable to Certain Rights in Respect of Securities Held with an Intermediary.
The law applicable to rights in[intermediated] securities is not addressed in the Guide since they are dealt with in the Convention on the LawApplicable to Certain Rights in respect of Securities held with an Intermediary.[However, the Guide does cover non-intermediated securities because of the importance of such securities to secured transactions involving small- and medium-sized businesses(see A/CN.9/631, recommendation 4, subpara.(c))].
Note to the Commission: Alternative A is an abbreviated version of the approach followed in articles 4.1 and 5 of the Hague Convention on the LawApplicable to Certain Rights in Respect of Securities Held With An Intermediary(" the Hague Securities Convention").
Paragraphs 324-325 and Recommendation(74) on page 136 about" Security interests": it is worth mentioning the Hague Convention on the lawapplicable to certain rights in respect of securities held with an intermediary, adopted on 13 December 2002, Article 8.