Examples of using Effects of assignments in English and their translations into Slovak
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Colloquial
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Official
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Medicine
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Ecclesiastic
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Official/political
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Computer
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Programming
ECB Opinion on a proposal for a regulation on the law applicable to third-party effects of assignments of claims.
(15) The conflict of lawsrules laid down in this Regulation should govern the effects of assignments of claims in respect of third parties, for example, a creditor of the assignor, excluding the debtor.
The ECB issued an own-initiative opinion in that case noting the shortcomings of theproposed choice of the law governing the third-party effects of assignments of claims[110].
(11)Conflict of laws rules governing the third-party(or proprietary) effects of assignments of claims do not currently exist at Union level.
(13)The objective of this Regulation is to provide legal certainty by laying down common conflict of laws rulesdesignating which national law applies to the third-party effects of assignments of claims.
It shall apply, in situations involving a conflict of laws, to the third-party effects of assignments of claims in civil and commercial matters other than third-party effects to the debtor of the claim assigned.
This Regulation shall apply, in situations involving a conflict of laws, to the third-party effects of assignments of claims in civil and commercial matters.
A proposed regulation on the law applicable to the third-party effects of assignments of claims, which will increase legal certainty and facilitate cross-border investment by determining which national law applies to the effects on third parties where a claim is assigned cross-border.
(11) CNo harmonised set of rules on the conflict of laws rules governing the third-party(or proprietary) effects of assignments of claims do not currently exist at Union level.
(15) The conflict of laws ruleslaid down in this Regulation should govern the proprietary effects of assignments of claims as between all parties involved in the assignment(that is, between the assignor and the assignee and between the assignee and the debtor) as well as in respect of third parties(for example, a creditor of the assignor).
The package includes this proposal, as well as a proposal for an enabling EU framework on covered bonds, a proposal to facilitate the cross-border distribution of investment funds,a proposal on the law applicable to the third-party effects of assignments of claims and a Communication on the applicable law to the proprietary effects of transactions in securities.
(28) Flexibility should beprovided in the determination of the law applicable to the third-party effects of assignments of claims in the context of a securitisation in order to cater for the needs of all securitisers and facilitate the expansion of the cross-border securitisation market to smaller operators.
The package includes this proposal, as well as a proposal for an enabling EU framework on covered bonds, a proposal to facilitate the cross-border distribution of investment funds,a proposal on the law applicable to the third-party effects of assignments of claims and a Communication on the applicable law to the proprietary effects of transactions in securities.
Rules relating to the law applicable to third party effects of assignments of claims were included in the Commission proposal that later became Regulation(EC) No 593/208 of the European Parliament and of the Council of 17 June 2008 on the law applicable to contractual obligations(Rome I) but they did not end up in the final text.
Report on the proposal for a regulation of the European Parliament andof the Council on the law applicable to the third party effects of assignments of claims[COM(2018)0096- C8-0109/2018- 2018/0044(COD)]- Committee on Legal Affairs.
By laying down common conflict of laws rulesdesignating which national law applies to the third-party effects of assignments of claims, the Regulation shall increase cross-border claims transactions, so as to encourage cross-border investment in the Union and facilitate access to finance for firms- including small and medium-sized enterprises(SMEs)- and consumers.
(13) The objective of this Regulation is to provide legal certainty by laying down commonconflict of laws rules designating which national law applies to the third- party effects of assignments of claims, increasing cross-border claims transactions, so as to encourage cross- border investment in the EU and facilitate access to finance for firms- including SMEs- and consumers.
Targeted action on securities ownership rules and third-party effects of assignment of claims.
Moreover, differences in the national treatment of third party effects of assignment of debt claims49 complicates the use of these instruments as cross-border collateral and makes it difficult for investors to price the risk of debt investments.
(25) In accordance with market practice and the needs of market participants, the third-party effects of certain assignments of claims should, as an exception, be governed by the law of the assigned claim, that is, the law that governs the initial contract between the creditor and the debtor which gives rise to the claim.
In cross-border assignments of claims, the inconsistency of national conflict of laws rules leads tolegal uncertainty as to which law applies to the third-party effects of the assignments.
(17)This Regulation concerns the third-party effects of the assignment of claims.
The law applicable to theassigned claim shall govern the third-party effects of the assignment of: .
TNotwithstanding paragraph 1 of this article,the law applicable to the assigned claim shall govern the third-party effects of the assignment of: .
(30) The scope of the national lawdesignated by this Regulation as the law applicable to the third-party effects of an assignment of claims should be uniform.
A priority conflict between assignees of the same claim where the third-party effects of one of the assignments are governed by the law of the country in which the assignor has its habitual residence andthe third-party effects of other assignments are governed by the law of the assigned claim shall be governed by the law applicable to the third-party effects of the assignment of the claim which first became effective against third parties under its applicable law.