[Federal Register Volume 61, Number 177 (Wednesday, September 11, 1996)]
[Notices]
[Pages 47999-48000]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-23211]
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DEPARTMENT OF STATE
[Public Notice No. 2440]
Advisory Committee on Private International Law; Meeting of Study
Group on Electronic Commerce
The Study Group on Electronic Commerce will hold its next meeting
from 3:00-8:00 p.m. on Wednesday, September 18 in Dallas, Texas. The
purpose of the meeting will be to review legal issues and possible
standards or guidelines concerning the establishment of electronic
registries to facilitate the recording of interests in moveable
commercial property involved in international transactions.
The need for this review arises from the work on draft multilateral
treaties involving international commercial finance at two
international organizations, the United Nations commission on
International Trade Law (UNCITRAL) and the International Institute for
the Unification of Private Law (UNIDROIT). The United States is
actively participating in both projects. Preliminary decisions may now
need to be taken in both organizations whether to base their respective
treaties on registry systems, which will involve issues similar to
those dealt with under the Uniform Commercial Code, as well as registry
systems involving vessels, certain commodities, etc. In addition, both
organizations will need to consider whether such registries would be
computer-based, and in what manner systems and standards in different
countries can be harmonized for purposes of transactions covered by
each respective treaty. The establishment of one or more
internationally-based registry systems will also need to be considered,
which could serve to establish or monitor standards, provide
coordination and linkage with nationally-based systems, or provide
direct registry services.
In addition, documents are available on the two multilateral
commercial law treaty projects from the office designated below; the
UNCITRAL project involves international rules for assignment of
accounts receivable; the
[[Page 48000]]
UNIDROIT project involves rules for international secured interests for
mobile equipment.
Requesters may also be interested in the recently completed
UNCITRAL rules on electronic commerce, which cover the legal effect and
validity of computer messages in commercial transactions, functional
equivalents of signatures, writings, etc., attribution of messages,
time and place where communications are deemed to have taken place, and
other matters.
The meeting of the Advisory Committee Study Group is open to the
public up to the capacity of the meeting room. Members of the public
who cannot attend are welcome to comment on the referenced documents,
including any recommendations for possible U.S. positions on these
matters. The meeting will take place at the Southern Methodist
University School of Law, 3315 Daniels Avenue, Dallas, Texas in the
Thomas Seminar Room at Storey Hall. Persons who expect to attend should
advise either the Office of the Legal Adviser (L/PIL), Suite 357 South
Building, 2430 E Street, NW., Washington, DC 20037-2800, fax (202) 776-
8482 or Professor Peter Winship at SMU at (214) 768-2575 or by fax
(214) 768-4330. Documents can be requested from the Office of the Legal
Adviser; for further information please contact Harold S. Burman of
that office or Professor Winship.
Harold S. Burman,
Advisory Committee, Executive Director.
[FR Doc. 96-23211 Filed 9-10-96; 8:45 am]
BILLING CODE 4710-10-M