The second topic approved by the General
Assembly is Electronic Registry Implementation of the Model
Inter-American Law on Secured Transactions – an instrument adopted
at CIDIP-VI. To date no Member State has provided specific
proposals for this topic. Preliminary discussions, however, have
focused on the development of international instruments for
regulating three main features of what should be a registry
component for the Model Inter-American Law on Secured
Transactions: (i) the creation of a uniform Inter-American
registration form; (ii) the drafting of registry guidelines for
accepting, storing and disseminating electronic registry
information; and (iii) the creation of guidelines for the
electronic interconnectivity of registries from different
jurisdictions for cases in which movable goods have contacts with
more than one jurisdiction or for cases in which goods that are
moved from one jurisdiction to another.
