» Registry Guidelines

The drafting on an international instrument on electronic registries must part from the premise that technology can play a prominent role in making the registration process more effective by improving how registrations are made, stored, and retrieved. It must consider that electronic registration is faster and less expensive than traditional manual methods and can be made from remote locations, including foreign jurisdictions. Consequently, CIDIP-VII work should focus on drafting guidelines to make the registration process fully automated in which filings are recorded and accessed faster and across a broader geographic area than under existing methods.

CIDIP-VII work on this matter should cover the various issues important to shifting from a paper-based registry system to a principally electronic registration system. This work should take into account the need to create a uniform filing procedure that facilitates multiple jurisdiction filings; it should also consider creating different rules for the registry qualification in paper-based versus electronic systems; and should provide new solutions to the proper location for registration, favoring centralized electronic registries whenever possible.

Finally, guidelines for creating an electronic registry system for the Model Law should also focus on providing greater flexibility in notarization and ratification requirements as well as in permitting electronic signatures in the registration form. The ultimate objective of such rules should be greater speed, reduced costs, increased accuracy, uniformity, coordination between registries, and broader range of filings.

» Working Documents

	Registry Guidelines
	EBRD: Registry Rules
	Registry Elements
	U.S.: Registry Rules