Transnational Securities Law 2e

Bringing together a team of globally renowned academics and expert practitioners in the field, Transnational Securities Law , Second Edition, presents a comprehensive analysis of the international harmonization of the law relating to securities. The book focuses on private law, insolvency law, and conflict-of-laws issues, as well as providing in-depth guidance on recent regulatory and technological developments. Each chapter assesses the current state of the law, and, for issues that have not yet been harmonized, identifies best standard practice solutions. This fully revised and updated edition considers the regulatory intervention in the wake of the global financial crisis and the impact of ground-breaking technological innovations in the securities markets, with a particular focus on blockchain and other types of distributed ledger technology, smart contracts, and crypto-securities. In so doing it addresses the paucity of attention given to issues of investor protection and custody of digital assets, and provides guidance on the development from legacy technology to a landscape in which a variety of DLT solutions are increasingly applied. It furthermore proposes an approach toward solving or ameliorating prevailing legal and regulatory problems with enhanced systems, infrastructures, regulatory approaches, and private-law doctrine. Alongside the well-established and comprehensive analysis of securities law at the transnational level, this new edition continues to provide best-practice solutions for practitioners working in the field of securities law.

1 - The Best Rules of Non-Intermediated Securities
2 - Financial Collateral: From private to regulatory law reform
3 - On Close-Out Netting
4 - Enforcement of Security Interests in Securities Under Uniform Law
5 - The No-Look-Through Principle: Investor rights, distributed ledger technology, and the market
6 - Corporate Actions Processing: Bridging the gap between issuer and investor
7 - Sufficient Securities, Segregation, and Loss Sharing
8 - Principles of Insolvency Law for Intermediated Securities
9 - Regulation, Supervision, and Oversight
10 - Crypto Securities and Other Digital Assets: Aspects of substantive and regulatory law
11 - Conflict-of-Laws Rules

Dr Thomas Keijser is Senior Researcher at the Business and Law Research Center of Radboud University Nijmegen, The Netherlands. From 2007-2012, he worked for UNIDROIT as Senior Officer, later Consultant, responsible for the Geneva Securities Convention. Dr Keijser is co-editor of the Official Commentary on the UNIDROIT Convention on Substantive Rules for Intermediated Securities (OUP, 2012). The contributors form a first class international team in the area of intermediated securities.