UNCITRAL has now adopted a model law on electronic transferable records. See the press release below. The full text will be available online shortly at the URL shown at the end of the document.
Canadians showed little interest in this project while it was being developed, so Canada’s attendance at the working group meetings was intermittent.
Does it sound more interesting now that it is final? Would your clients benefit from an internationally accepted law on the topic? This UNCITRAL text is the best that will be available in the foreseeable future.
Should steps be taken to implement it here? . . . [more]