THIRD MEETING OF THE MAC PROTOCOL STUDY GROUP

The third meeting of the MAC Protocol Study Group was held from 19 – 21 October 2015 at the seat of UNIDROIT in Rome. In addition to the panel of international experts in secured transactions law, the meeting was attended by observers from the United Nations Commission on International Trade Law (UNCITRAL), the International Finance Corporation (IFC) and the World Customs Organization. The Study Group continued to make progress in resolving the legal issues that had been raised at the previous meetings, especially in relation to the treatment of fixtures and the use of the Harmonized Commodity Description and Coding System. A fourth meeting will be held 7-9 March 2016.

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