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56 Uncertificated securities - concept, nature, legal aspects of record keeping Summary The subject matters of this thesis are uncertificated securities, their nature and all legal aspects connected with their record keeping. In accordance with the assignment of this task, major accent is put on new...

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Bibliographic Details
Main Author: Vojtek, André
Other Authors: Čech, Petr
Format: Dissertation
Language:Czech
Published: 2009
Online Access:http://www.nusl.cz/ntk/nusl-273821
Description
Summary:56 Uncertificated securities - concept, nature, legal aspects of record keeping Summary The subject matters of this thesis are uncertificated securities, their nature and all legal aspects connected with their record keeping. In accordance with the assignment of this task, major accent is put on new legal regulations included in the Capital Market Undertakings Act No. 256/2004 Coll. which deals not only with uncertificated securities and their record keeping but also with other uncertificated investment instruments. The leading chapter introduces the present state of legal regulations relating to uncertificated securities, gives reasons for actual importance of the subject and sets the targets which are to be discussed in the thesis. The second chapter defines the terms securities and uncertificated securities respectively in the light of their historical evolution in legal literature and in the Czech, German and Swiss legal acts. Attention is given to uncertificated securities as the objects of rights and duties as well. The chapters no. 3 and 4 deal with the form of securities, i.e. physical securities and uncertificated (or book-entry) securities, the possibility of an issuer to record the securities in the register within the context of transitional provisions of the Capital Market Undertakings Act, and...