Federal Act on Intermediated Securities (FISA) and the Hague Securities Convention (HSC)
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With the entry into force of the Federal Intermediated Securities Act (FISA) the law governing the holding of securities through intermediaries has been put on a new and firm basis. At the same time the international private law of intermediated securities has been newly regulated by the Hague Securities Convention (HSC). Both the FISA and the HSC are now explained in a systematic, practically oriented commentary published in the series "Stämpfli's Handkommentare". The commentary, published in English, deals with issues of interpretation resulting from the application of the new statutes and provides a clear foundation for and integration of new legal concepts. Particular emphasis has been put on the application of the FISA and the HSC in the cross-border context. The commentary is supplemented by comparative remarks, focusing in particular on the Geneva Securities Convention of 9 October 2009 as well as forthcoming EU instruments. The editors and most of the authors have been actively involved in the drafting of the FISA and/or international projects and have published on the reform of securities law.
||Federal Act on Intermediated Securities (FISA) and the Hague Securities Convention (HSC)
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