Die Zukunft des Clearing und Settlement

This volume contains the contributions from the convention “The Future of Clearing and Settlement”, which the ILF staged on June 27, 2005, at the Johann Wolfgang Goethe University. The first part of the convention was devoted to selected questions about deposit and company law regarding securities safekeeping in the media, including possible alternatives to the applicable law and a comparative law look at Switzerland. At the same time, the analysis of the legal foundation for clearing and settlement offered the opportunity to put the market models for securities settlement, which are actively discussed at present, to the test in the second part of the convention.

This volume contains the contributions from the convention “The Future of Clearing and Settlement”, which the ILF staged on June 27, 2005, at the Johann Wolfgang Goethe University. The first part of the convention was devoted to selected questions about deposit and company law regarding securities safekeeping in the media, including possible alternatives to the applicable law and a comparative law look at Switzerland. At the same time, the analysis of the legal foundation for clearing and settlement offered the opportunity to put the market models for securities settlement, which are actively discussed at present, to the test in the second part of the convention.

This volume contains the contributions from the convention “The Future of Clearing and Settlement”, which the ILF staged on June 27, 2005, at the Johann Wolfgang Goethe University. The first part of the convention was devoted to selected questions about deposit and company law regarding securities safekeeping in the media, including possible alternatives to the applicable law and a comparative law look at Switzerland. At the same time, the analysis of the legal foundation for clearing and settlement offered the opportunity to put the market models for securities settlement, which are actively discussed at present, to the test in the second part of the convention.

Erster Hauptteil:
Die Zukunft des Effektengiroverkehrs

Das Treuhandmodell als Alternative zum geltenden Recht, Dorothee Einsele · Das neue Bucheffektenmodell des schweizerischen Rechts, Hans Kuhn · Anlegerrechte bei mittelbar gehaltenen Wertpapieren.
Bemerkungen zu dem Dreieck aus Emittent - Intermediär - Aktionär,
Ulrich Noack

Zweiter Hauptteil:
Marktmodelle der Wertpapierabwicklung

Das vertikale Modell, Axel Nawrath

Panel Discussion:

Market Models for Securities Settlement, Moderator: Ernst Decker