FINANCIAL MARKETS AND TECHNOLOGY WORKSTREAM

UNIDROIT’s work on capital markets was included in the Work Programme of the Institute in 2001. The instruments adopted include:

Ongoing work on the Principles on the Legal Nature of Verified Carbon Credits represents a unique intersection between financial markets and sustainability.

The first online meeting of the FMT WS was held on 22 July 2025. Prior to the meeting, the Secretariat circulated a draft Inception Report providing an overview of UNIDROIT’s instruments in the financial markets and technology area, outlining their development and adoption, objectives, key content, and impact, as well as presenting some preliminary analysis on their strengths and weaknesses for the Committee’s consideration. The FMT WS discussed the scope of the future White Paper, and members expressed interest in specific topics. It was agreed that, during the intersessional period, members would cooperate in small groups to begin drafting their respective texts and submit them to the Secretariat ahead of the second meeting.

The second online meeting, held on 13 October 2025, focused on the discussion of the draft proposals submitted by members. The FMT WS adopted the work plan for 2025–2026 and invited the Secretariat to prepare a draft structure of the future White Paper, on the basis of which members would update their texts.

The third online meeting was held on 7 November 2025 to review the updated draft proposals. Members provided further comments, and it was agreed that, based on the discussions held, members would finalise their revisions in early December 2025. The Secretariat would consolidate the revised drafts and prepare a preliminary draft of the White Paper by the end of the year.

The fourth online meeting is scheduled to be held in February 2026.