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The influence of the UNCITRAL Legislative Guide on secured transactions

In: Research Handbook on Secured Financing in Commercial Transactions

Author

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  • Spyridon V. Bazinas

Abstract

The chapter presents the most salient features of the UNCITRAL Legislative Guide on Secured Transactions and explores the reasons that explain why the Guide is being used as a reference tool for the modernization and harmonization of secured transactions laws. The reasons lie with the fact that it is a text prepared by an authoritative international legislative organ like UNCITRAL and combines flexibility with certainty, transparency and predictability, and coordinates with registration, insolvency, IP and private international law. Equally important is the fact that the Guide, together with texts of other organizations, presents states with a comprehensive, efficient and internally consistent secured transactions regime.

Suggested Citation

  • Spyridon V. Bazinas, 2015. "The influence of the UNCITRAL Legislative Guide on secured transactions," Chapters, in: Frederique Dahan (ed.), Research Handbook on Secured Financing in Commercial Transactions, chapter 2, pages 26-61, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14776_2
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