Official Launch of the Guide on Best Practices for Electronic Business Registries

Rome, 29 May 2026 — The Cape Town Convention Academic Project (CTCAP) officially launched the Guide on Best Practices for Electronic Business Registries, the completion of a major output of the Project on Best Practices in the Field of Electronic Registry Design and Operation (BPER). The launch was held as a side event during the 107th session of the UNIDROIT Governing Council, both in person at UNIDROIT’s seat in Rome and online.

The Guide is the product of five years of development by CTCAP,  with contributions from legal experts, registry professionals, and technical practitioners across multiple jurisdictions. The Project is sponsored by Aviareto and supported by the UNIDROIT Foundation. The launch attracted strong engagement, with approximately 50 online participants joining from the business registry sector and from technology providers, alongside the Governing Council members present in Rome. Members of the UNIDROIT Governing Council commended the result of a technically and conceptually complex project, recognising the depth of analysis reflected in the publication.

A framework built on collaboration

The Guide is the second publication produced under the BPER Project, building on the Guide on Best Practices for Electronic Collateral Registries (2021) and extending the framework to the broader and more complex domain of business registries. It addresses a long-standing gap: while international instruments, particularly the Cape Town Convention, have long referred to “best practices” in electronic registry design and operation, those practices had never been defined in a clear, structured, and internationally applicable manner.

The Guide establishes a framework of twenty-four Critical Performance Factors (CPFs), the registry system properties and processes essential to performing core functions at a level that meets the reasonable expectations of users and other stakeholders. The factors are structured around a definition, a description with practical examples, a technical discussion referencing international standards, and a legal discussion referencing relevant legal instruments. Together, the CPFs are oriented towards a single goal: a trustworthy, fit-for-purpose registry.

A recurring theme of the launch was the evolving role of business registries, which have moved from administrative databases to critical components of digital public infrastructure that support economic governance and compliance. Speakers drew a key distinction between collateral registries, which primarily record claims, and business registries, which are increasingly expected to ensure the accuracy of information and provide data that can be relied upon by third parties. This expectation shapes how such systems must be designed and operated.

The launch event

The event opened with remarks from Professor Ignacio Tirado (Secretary-General, UNIDROIT), and Professor Louise Gullifer (Rouse Ball Professor of English Law, University of Cambridge), who introduced the Project and the significance of the publication and situated it alongside the work of UNCITRAL in the field of business registries.

Denis Finnegan (Head of Technology, Aviareto) traced the origins and development of the Guide, from the Cape Town Convention and the 2021 Collateral Registries Guide through to the present publication, reflecting on the debates and design choices that shaped the framework.

Ieva Tarailiene (Project Expert Consultant, 2023-2024) discussed how the Guide addressed trust, which is the primary challenge for business registries. She structured the twenty-four CPFs around five trust dimensions: trust in data, protection, process, over time, and experience. These dimensions collectively support the core CPF of Trustworthiness.

Kateryna Bovsunovska (Legal Consultant, UNIDROIT) presented the Guide’s methodology and structure, examining the Transparency, Interoperability, and Continual Improvement CPFs in greater detail. She outlined three ways in which registries can use the Guide: as a self-assessment framework, a procurement reference, and a common vocabulary for cross-registry collaboration.

Practitioner perspectives were provided by Andrea August (Business Entry Lead, Subnational Projects, World Bank) and Justin Hygate (Chief Registry Officer, Foster Moore), who highlighted the Guide’s practical approach and its global relevance for registries at different stages of digitalisation. Julian Lamb (Registrar-General, IFC Oman) spoke to the Guide’s immediate application, noting that it will serve as a reference and practical tool in the ongoing development and procurement of the new registry system for the International Financial Centre of Oman, including the incorporation of relevant CPFs into requests for proposals and target operating models. The session concluded with congratulations and recognition of the contributors.

Availability of the Guide

The electronic version of the Guide on Best Practices for Electronic Business Registries is now published online and is freely available.

To purchase a hard copy of the Guide (€50), contact us at ctcap@unidroit.org.

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