There is a growing call to introduce a European public notice filing system for security rights in movable goods comparable
to the notice filing system of Art. 9 UCC. A proposal to this effect has been adopted in Book IX DCFR, which represents a
comprehensive framework of rules for proprietary security in movable assets. The ultimate aim of this thesis was to investigate
whether a European notice filing system for security rights in movable assets should be introduced, and if so, to what extent
Art. 9 UCC should serve as an example. In evaluating this question, this thesis focused on the interests of several types
of parties that are typically involved in or exposed to secured transactions operating within the borders of the European
Union. In a nutshell, it investigated whether it is likely that these parties will be "better off" in a system where a public
filing system exists, measured by effectiveness and cost-efficiency. More specifically, this thesis proceeded from the proposition
that it is worthwhile to strive for public filing if it effectively addresses the legal risks these parties are exposed to
in the absence of public information on security interests and does so in a manner that is cost-efficient for the parties
concerned, i.e. in accordance with a cost-benefit approach. The outcome was that a public filing system on a European scale
may be useful in the aforementioned respect; its success will however, largely depend on the way it is designed and organized.
The current proposal for a public notice filing system as embodied in Book IX of the European Register for Proprietary Security
(‘ERPS’), is promising in various respects. This thesis presented a few recommendations aimed at further improving the proposal.
If you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let
the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible
and/or remove it from the website. Please Ask the Library, or send a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands.
You will be contacted as soon as possible.