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The Cape Town Convention: a Model for a European System of Security Interests Registration?

Abstract: The Cape Town Convention introduces a worldwide and computerized registration system of security interests. This will be a first-in-time system of ‘notice filing’ and it will be object based. For different types of mobile equipment different registries will be established. The international registration system to be created under the Cape Town Convention is analyzed from the perspective of internationally accepted guiding information (registration) principles: publicity, efficiency, sufficiency, accuracy, simplicity and uniformity. Finally, the question is examined whether notice filing can be implemented by civil law systems which have a system of deeds filling.