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*PIL News

Published on December 27th, 2016 | by Maria Psarra

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HC: USA ratifies the 2006 Hague Securities Convention

On 15 December 2016, the United States of America (USA) deposited its Instrument of ratification of the Hague Convention of 5 July 2006 on the Law Applicable to Certain Rights in Respect of Securities held with an Intermediary (2006 Securities Convention). The USA had signed the Convention, together with Switzerland, 5 July 2006.

The deposit of the instrument of ratification of the 2006 Securities Convention by the USA is significant in that it will trigger the Convention’s entry into force, on 1 April 2017. The USA, Switzerland and Mauritius will then be bound by the Convention.

More, here. 

HCCH, here. 





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