CTCAP Publications

The Cape Town Convention Academic Project

The purpose of the Cape Town Convention Academic Project (CTCAP) is to facilitate and further the study and assessment of the Convention and its Protocols for the benefit of scholars, students, practising lawyers, judges, government officials, and others working in the relevant industries, including by providing information on and education about the Convention and its Protocols.

The Project is a joint undertaking between the University of Cambridge and UNIDROIT. The Aviation Working Group (AWG) is the founding sponsor of the Project. To learn more about the Academic Project, click here.

Under the CTCAP, three projects have been developed to support the effective implementation and operation of international commercial law instruments: the Project on Best Practices in the Field of Electronic Registry Design and Operation (BPER), the Economic Evaluation of International Commercial Law Reform (EE ICLR) Project, and the Implementation of and Compliance with International Commercial Law Treaties Project (Treaty Project).

The Project on Best Practices in the Field of Electronic Registry Design and Operation (BPER)

Electronic registries are a critical element of systems that collect, store, disseminate, and establish rights in data or property represented by that data. The improper use and mismanagement of these registries can result in liability and legal uncertainty, causing substantial economic and commercial losses.

The Cape Town Convention, which, through its various Protocols, establishes electronic registries for different types of high-value mobile assets, sets out a standard for the responsibility of registrars, with the only defence being that of having followed ‘best practices’ in registry design, operation, and back-up. However, ‘best practices’ in electronic registries have not been defined by the Convention, nor have international parameters been developed more generally. The BPER Project fills this gap through an interdisciplinary approach combining legal and technical expertise.

The project is run by the Cape Town Convention Academic Project, supported by the UNIDROIT Foundation and sponsored by Aviareto. The Project has published two Guides, both available to download free of charge and hard copies are available for order at 50 EUR per copy.

Guide on Best Practices for Electronic Business Registries (2026)

This Guide adapts the BPER Project’s methodology to the specific legal, technical, and governance needs of business registries, which record and make publicly available information about companies and other legal entities.

 

The Guide was developed through five expert workshops and a targeted consultation. Launched at a side event to the 107th UNIDROIT Governing Council in May 2026, it is intended for registry operators, government officials, legal practitioners, and policymakers engaged in establishing or modernising business registry infrastructure.

 

 

Guide on Best Practices for Electronic Collateral Registries (2021)

The first major deliverable of the BPER Project focused on developing best practices for electronic collateral registries, which record security interests in movable assets. This Guide was developed through four expert workshops and extensive case studies, and was launched at a side event of the 100th Session of the UNIDROIT Governing Council in 2021. It is intended for registry operators, government officials, legal practitioners, and policymakers engaged in establishing or modernising secured transactions infrastructure.

 

 

 

 

The Project on Economic Evaluation of International Commercial Law Reform

The project on Economic Evaluation of International Commercial Law Reform (EE ICLR) aims to develop standards and guidance on how to evaluate ex ante the economic impact of international commercial law reforms. Economic gains  are often stated to be the central and driving objective of, and justification for ICLR. Yet the evidence of such gains, the characteristics of law reform needed to produce them, the data and methodology to establish them, inter alia, have not yet been subject to systematic academic and policy work.

Against this background, the EE ICLR project seeks to address this gap and provide a structured methodology for the ex-ante economic evaluation of the economic impact of such reforms. The project adopts an interdisciplinary approach, bringing together leading experts in law and economics from universities and intergovernmental organisations to advance research and produce guidance on the economic evaluation of international commercial law reform.

The EE ICLR project, run by the Cape Town Convention Academic Project and supported by the UNIDROIT Foundation, resulted in the publication of the Economic Evaluation of International Commercial Law Reform: Framework and Guide, a User Template and two Case Studies.

Economic Evaluation of International Commercial Law Reform: Framework and Guide (2026)

The Economic Evaluation of International Commercial Law Reform: Framework and Guide (EE ICLR Framework and Guide) provides a structured approach for measuring and quantifying, on an ex-ante basis, the potential economic impact of law reforms. Designed to support more informed and evidence-based decision-making, it assists international, regional, and national organisations, governments, and other stakeholders involved in the development, implementation, monitoring, or economic evaluation of commercial law instruments and reform initiatives.

Central to the publication is the Framework based on a formula comprising five key Factors, each designed to capture a distinct dimension of economic impact: direct impact (Factor A), network impact (Factor B), systemic impact (Factor C), effective application (Factor D), and transition costs (Factor E). The Guide complements the Framework by providing practical guidance on its application, including a methodology based largely on Benchmark-driven comparison. Together, the Framework and Guide offer policymakers a structured tool for analysing how legal reforms may influence economic outcomes and for comparing alternative reform scenarios.

The Framework and Guide is available to download free of charge, while hard copies are available for order at 50 EUR per copy.

User Template for the Economic Evaluation of International Commercial Law Reform: Framework and Guide (2026)

The User Template is a practical tool designed to support the application of the Economic Evaluation of International Commercial Law Reform Framework and Guide. It translates the Framework into an operational format, providing users with a structured set of considerations and guiding questions to assist in conducting an ex-ante economic evaluation of commercial law reforms.

Functioning as a practical checklist, the User Template sets out the recommended workflow and the key stages of the evaluation process, while highlighting the principal issues to be considered at each step. It is designed to support the consistent, transparent, and systematic application of the EE ICLR methodology and to help users ensure that all relevant aspects of the evaluation have been adequately addressed.

The User Template is available to download free of charge.

 

Case Studies

To support the practical application and evaluation of the methodology of the Economic Evaluation of International Commercial Law Reform Framework and Guide, two dedicated Case Studies have been developed and made available within the EE ICLR project. These Case Studies provide practical examples that allow users to test the methodology, gain insights into the application of the Framework and Guide, and build confidence in its use for real-world law reform initiatives.

Economic evaluation of the hypothetical legislative proposal for Dispute Resolution for Cross-border Transactions of Micro, Small and Medium Enterprises (MSMEs) and Rural Communities

Economic evaluation of the legislative proposal for Ships and Maritime Transport Equipment