Передумови формування універсального права транскордонної сек’юритизації активів / Preconditions of the Universal Law of Cross-Border Securitisation

Abstract

The author examines the main institutions that carry out unification of legal rules affecting certain aspects of asset securitisation, in particular National Law Center for Inter-American Free Trade, Organization for Economic Cooperation, UNIDROIT, UNCITRAL, Organization of American States, Basel Committee on Banking Supervision, European Bank for Reconstruction and Development. The author also focuses on the international documents in sphere of securitisation adopted by the above mentioned institutions. Special focus in the research is made on the peculiarities of the rule-making activity within the European Union aimed at harmonizing of the rules in the field of asset securitisation and creation of common standards within the framework of the European Union. Within the framework of the research, a particular attention is paid to the analysis of the United Nations Convention on the Assignment of Receivables in International Trade (New York, 2001) and Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation, and amending Directives 2009/65/EC, 2009/138/EC and 2011/61/EU and Regulations (EC) No 1060/2009 and (EU) No 648/2012. The author concludes that some aspects of securitisation are not regulated at the legislative level of the states, thus forming a space for lawyers' actions in the field of contractual regulation. However, some aspects of asset securitisation require legal regulation both at the national level and at the international level.

Authors and Affiliations

Olena Didovets

Keywords

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  • EP ID EP628555
  • DOI -
  • Views 145
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How To Cite

Olena Didovets (2018). Передумови формування універсального права транскордонної сек’юритизації активів / Preconditions of the Universal Law of Cross-Border Securitisation. Журнал східноєвропейського права, 56(), 55-60. https://europub.co.uk./articles/-A-628555