This book focuses on international harmonisation and the law of secured transactions by distilling and analysing the unifying principles of various significant international conventions and instruments such as the UN Convention on the Assignment of Receivables, the Unidroit Convention on International Factoring, the EBRD Model Law on Secured Transactions, the Unidroit Convention on the International Interests in Mobile Equipment and the UNCITRAL Legislative Guide on Secured Transactions. International secured transactions conventions and instruments facilitate credit and promote economic...

The law of secured transactions has seen dramatic changes in the last decade. International organizations, particularly the UNCITRAL, have been working towards the creation of international texts aiming at modernization of secured financing laws (e.g. the UN Convention on the Assignment of Receivables, the UNCITRAL Legislative Guide on Secured Transactions and its Intellectual Property Supplement, the UNCITRAL Guide on the implementation of a Security Rights Registry, and the draft UNCITRAL Model Law on Secured Transactions which is currently being prepared). The overall theme of this...

Secured transactions law has been the subject of close scrutiny over the last two decades. One of the main reasons for this is the importance of availability of credit and the consequent need to reform collateral laws in order to improve access to finance. The ability to give security effectively influences, not only the cost of credit but also, in some cases, whether credit will be available at all. This requires rules that are transparent and readily accessible to non-lawyers, as well as rules that recognise the needs of small and medium-sized enterprises. This book critically engages with...