Report on a Right of Use for Collateral Takers and Custodians

Thomas Keijser and Ed.
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Ed.: University of Nijmegen, The Netherlands

Law and Economics from University Library of Munich, Germany

Abstract: The Report on a Right of Use for Collateral Takers and Custodians examines on what basis collateral takers can dispose of the assets of collateral providers, and custodians of those of their clients. The report describes the current legal practice in the USA, Denmark, The Netherlands, Germany, Italy and the UK. It critically examines legislative initiatives by UNIDROIT (Project on Harmonised Substantive Rules regarding Securities Held with an Intermediary) and in the European Union (Collateral Directive, Investment Services Directive). The report contains a Tax Appendix.

Keywords: collateral; right of use; repo; securities lending; derivatives (search for similar items in EconPapers)
JEL-codes: K (search for similar items in EconPapers)
Date: 2003-08-22, Revised 2003-11-14
New Economics Papers: this item is included in nep-law
Note: Type of Document - PDF
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwple:0308001

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