UNIDROIT holds 101st session of the Governing Council

On 8-10 June 2022, UNIDROIT hosted the 101st session of the Governing Council in hybrid format, opened and chaired by UNIDROIT President Professor Maria Chiara Malaguti. Minister Plenipotentiary and Head of the Service for Legal Affairs, Diplomatic Disputes and International Agreements Ministry of Foreign Affairs and International Cooperation of Italy Mr Stefano Zanini, acting as Chair of UNIDROIT’s General Assembly, delivered opening remarks. Professor Arthur Hartkamp  and Mr Antti Leinonen were then appointed as first and second Vice Presidents of the Governing Council, respectively, for 2022-2023.

The Governing Council expressed its appreciation to the Secretariat staff for its dedication and hard work in the implementation of the Institute’s mandate, as showcased by the numerous activities that had been undertaken in 2021 despite the difficulties caused by the COVID-19 pandemic. It also commended the UNIDROIT Foundation for its continued support and for its pro-active and fruitful mandate implementation. The Council formulated numerous recommendations concerning the Work Programme for the 2023-2025 triennium, to be submitted to the General Assembly at its 81st session, approving the continuation of all still ongoing projects during the new triennium, and providing for the inclusion of 5 new projects, to be undertaken based on their level of priority as resources allow upon completion of existing legislative work. Furthermore, the Council instructed that exploratory work be conducted on four additional topics, when feasible.  Governing Council members received updates on the eight ongoing projects on the 2020-2022 Work Programme, including the Model Law on Factoring, Best Practices for Effective Enforcement, Digital Assets and Private Law, Model Law on Warehouse Receipts, Bank Insolvency, Legal Structures of Agricultural Enterprises, Principles of Reinsurance Contract Law and Private Art Collections.

The Council was briefed on the Implementation and Status of UNIDROIT Treaties. Special attention was given to the Cape Town Convention and its four Protocols (Aircraft, Rolling Stock, Space, and Mining, Agriculture and Construction -MAC- equipment). Concerning the MAC Protocol, the Council discussed and provided guidance to the Secretariat on issues related to the appointment of a Supervisory Authority for the international registry. A detailed update was also given on the status of the 1995 Convention for the International Protection of Cultural Property.

In matters pertaining to the Institute’s policies, the Secretariat obtained the approval of the Council on the appointment of UNIDROIT Correspondents and on the Draft Budget to be submitted to Member States for comments prior to resubmission to the Finance Committee. The members of the Governing Council also received an update of all the activities that fell under the purview of the UNIDROIT Academy via the new section of the website, which was also discussed along with Social Media, to showcase UNIDROIT’s new Communications strategy and social media outreach plan.

The Summary Conclusions will be published in due course.

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