▪ Topics for CIDIPs
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
