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The booklet gives a clear, concise & complete text of the Model Law.
The "Model Law" deals with security interests in all types of tangible and intangible movable property, such as goods, receivables, bank accounts, negotiable instruments, negotiable documents,
This collection contains 26 UNCITRAL- and UNIDROIT-Conventions, Model Acts, Guides and Principles. These rules and regulations appear for the first time in a single volume. They are of essential importance for all practioners and scholars working in the field of international trade law. Contract law in general: UNCITRAL Model Law on Electronic Commerce (1996) Guide to Enactment of the UNCITRAL Model Law on Electronic Commerce (1996) UNCITRAL Model Law on Electronic Signatures (2001) UNIDROIT Principles of International Commercial Contracts (2004) Sales: United Nation Convention on Contracts for the International Sale of Goods (1980) United Nation Convention on the Limitation Period in the International Sale of Goods as amended by the protocol amending the Convention on the Limitation Period in the International Sale of Goods (1974-1980) Services: UNCITRAL Model Law on Procurement of Goods and Construction (1993) UNCITRAL Model Law on Procurement of Goods, Construction and Services (1994) Guide to Enactment of UNCITRAL Model Law on Procurement of Goods, Construction and Services Transport: United Nations Convention on the Carriage of Goods by Sea (1978) United Nations Convention on the Liability of Operators of Transport Terminals in International Trade (1991) CMI/UNCITRAL Draft instrument on the carriage of goods [wholly or partly] [by sea] (2003) Payment and Security: United Nations Convention on International Bills of Exchange and International Promissory Notes (1988) United Nations Convention on Independent Guarantees and Stand-by Letters of Credit (1995) United Nations Convention on the Assignment of Receivables in International Trade (2001) UNCITRAL Model Law on International Credit Transfers (1992) UNIDROIT Draft Convention on substantive rules regarding securities held with an intermediary (2004) Other Commercial Contracts: UNIDROIT Convention on International Financial Leasing (1988) UNIDROIT Convention on International Factoring (1988) Property rights: UNIDROIT Convention on Stolen or Illegally Exported Cultural Objects (1995) UNIDROIT Convention on International Interests in Mobile Equipment Arbitration: United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) UNCITRAL Model Law on International Commercial Arbitration (1985) UNCITRAL Arbitration Rules UNCITRAL Conciliation Rules Insolvency: UNCITRAL Model Law on Cross-Border Insolvency (1997).
In recent years mobile devices have been increasingly used for the transmission of data, including the initiation and receipt of payments. Payments executed include "international remittance transfers" ("IRTs"), which are cross-border, person-to-person payments of a relatively low value. An IRT is likely to involve a "settlement chain" consisting of a series of separate payments. This paper examines the suitability of the UNCITRAL Model Law on International Credit Transfers 1992 ("MLICT") to cover IRTs initiated and/or completed by mobile devices. The MLICT is a comprehensive statute covering rights and obligations incurred in the course of an international credit transfer.The paper concludes with the observation that low-value credit transfers were envisaged as covered by the MLICT and yet were not central in the work leading to the model law. Overall, the ML/CT is appropriate to cover IRTs. Only a few adjustments to the model law should be considered. Consumer-protection aspects, primarily regarding disclosures, should be added; consumers' liability for unauthorized transfers should be rethought and redrafted.