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ARTICLE · 19 FEBRUARY 2020

Implementation Of The Cape Town Convention In Bermuda

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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In this briefing we revisit key points in relation to the implementation of the Convention on International Interests in Mobile Equipment in Bermuda...

BermudaFinance and Banking

In this briefing we revisit key points in relation to the implementation of the Convention on International Interests in Mobile Equipment in Bermuda and describe the declarations that have been made in connection with that implementation and the effect of those declarations.

The Convention on International Interests in Mobile Equipment concluded in Cape Town, South Africa on 16 November 2001, commonly known as the Cape Town Convention (the Convention), came into force in the United Kingdom on 1 November 2015. Following ratification, the United Kingdom made a declaration under Article 52 of the Convention extending its application to Bermuda, with the Convention consequently coming into force in Bermuda on 1 January 2018.

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