Najnowszy Raport Legal Certainty Group
23 pazdziernika w Brukseli odbędzie się konferencja dotycząca najnowszego raportu Legal Certainty Group.
Raport wyznacza kierunki nowego europejskiego instrumentu legislacyjnego w zakresie prawa papierów wartościowych. Legal Certainty Group to grupa ekspertów Komisji Europejskiej ds. prawa transgranicznych struktur posiadania papierów wartościowych. Członkiem Legal Certainty Group jest Agata Wacławik-Wejman. Więcej informacji o konferencji znajduje się tu. Poniżej ogłoszenie Komisji w tej sprawie.
Legal Certainty Group Conference
SOLUTIONS TO LEGAL BARRIERS RELATED TO POST-TRADING WITHIN THE EU
A Conference on the Second Advice of the Legal Certainty Group and on the Way Forward
organised by Directorate General Internal Market and Services BRUSSELS
Thursday, 23 October 2008
The Legal Certainty Group is an advisory group which was set up by the European Commission in 2005 to advise on the law on holding and settlement of book-entry securities in Europe. The group is made up of 36 eminent legal experts from the post-trading industry, academia, legal practice and competent authorities and is chaired by the Commission which also provides the Secretariat.
The Legal Certainty Group delivered its First Advice together with a fact-finding study in July 2006. It has now produced its Second Advice to the European Commission which puts forward solutions to legal barriers related to the cross-border holding and settlement of securities. The solutions proposed are expected to lead to an improved and harmonised legal framework for holding and settlement of securities through intermediaries and for the processing of corporate actions. Furthermore, the report proposes to give issuers free choice between European Central Securities Depositories. Internal Market and Services Commissioner Charlie McCreevy said:
“Legal barriers make it much more complex to hold securities cross-border, and lead to higher costs for transactions and credit. In addition, they cause difficulties and uncertainty among investors when exercising their rights in corporate actions abroad. The Legal Certainty Group’s work will help us to bring down these barriers. I particularly welcome the fact that the Group has addressed issues that could prove instrumental in making our post-trading market more competitive.” The Second Advice will be presented at a Conference in Brussels.
23 October 2008, 10:00-18:00
Venue: The National Bank of Belgium
rue Montagne aux Herbes Potagères, 61
1000 Brussels
Registration for the Conference is by means of the on-line registration form.
Registration will be open until 20 October 2008 and is on a first-come first-served basis. (The Commission reserves the right to limit the number of participants.)