UNIDROIT has prepared many international instruments over the years, including international Conventions and Protocols, Model Laws, Principles and Legal and Contractual Guides.
UNIDROIT has been designated Depositary of its most recent instruments:
The uniform law instruments prepared by the organisation have traditionally taken the form of international Conventions, designed to apply once all the formal requirements for their entry into force in a particular jurisdiction have been completed (“hard law” instruments). However, alternative forms of unification have become increasingly popular in areas where a binding instrument is not felt to be either useful or essential. Such alternatives (“soft law” instruments) may include model laws, which States may take into consideration when drafting domestic legislation; sets of principles which contracting parties, arbitrators and judges may decide to use; legal or contractual guides which aim to provide information, guidance on best practices and advice for a variety of beneficiaries.
The International Institute for the Unification of Private Law (UNIDROIT) is an independent intergovernmental Organisation with its seat in the Villa Aldobrandini in Rome. Its purpose is to study needs and methods for modernising, harmonising and co-ordinating private and in particular commercial law as between States and groups of States and to formulate uniform law instruments, principles and rules to achieve those objectives.