Intermediated Securities (23-24 September) 
Chambre de Commerce7, rue Alcide de Gasperi, KirchbergL-2981 Luxembourg
The Faculty of Law, Economics and Finance of the University of Luxembourg & the Centre for Banking and Financial Law of the University of Geneva invite you to the Conference
Intermediated Securities − The Geneva Securities Convention, the European Securities Law Directive and their Impact on Securities Laws of selected European Jurisdictions –
In recent years, several initiatives have been started both on the European and the international level to reduce the legal risks inherent in the cross-border settlement of securities transactions by harmonising the national frameworks for intermediated securities.
On 9 October 2009, a Diplomatic Conference held in Geneva adopted the “UNIDROIT Convention on Substantive Rules for Intermediated Securities”. The European Commission is currently preparing a draft “Directive on legal certainty of securities holding and transactions (Securities Law Directive – SLD)”, which is expected to cover both substantive law and conflicts of laws. In the first part of the conference, the Geneva Securities Convention and the draft Securities Law Directive will be analysed and compared. The second part will deal with the impact of these initiatives on the securities laws of selected European jurisdictions.
