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Hague Securities Convention information


Hague Securities Convention
Convention on the law applicable to certain rights in respect of securities held with an intermediary
Signed5 July 2006
LocationThe Netherlands
Effective1 April 2017
ConditionRatification by 3 states
Signatories3
Parties3 (Mauritius, Switzerland, United States)
DepositaryMinistry of Foreign Affairs (Netherlands)
LanguagesEnglish and French

The Convention on the law applicable to certain rights in respect of securities held with an intermediary, or Hague Securities Convention is an international multilateral treaty intended to remove, globally, legal uncertainties for cross-border securities transactions.[1] The Convention was drafted under the auspices of the Hague Conference on Private International Law, which as resulted in several Conflict of Laws conventions.

Switzerland, Mauritius and the United States have ratified the convention, which entered into force on 1 April 2017. The European Commission recommended in July 2006 that its member states sign the Convention,[2] but this recommendation was later withdrawn.

  1. ^ "36: Convention of 5 July 2006 on the Law Applicable to Certain Rights in Respect of Securities held with an Intermediary". Hague Conference on Private International Law. Retrieved 11 August 2010.
  2. ^ European Commission (2009). "Repeal of COM(2003) 783: Proposal for a Council Decision concerning the signing of the Hague Convention on the Law applicable to certain rights in respect of securities held with an intermediary". Retrieved 9 February 2016.

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