In accordance with that decision, a UNCITRAL Colloquium (Navigating the new era of digital finance – The UNCITRAL Model Law on Secured Transactions on the use of new types of assets for secured financing) will be held on 20-21 February 2025 at the United Nations Headquarters in New York with the aim to:
- Improve the understanding on how the emergence of new asset types impacts the Model Law on Secured Transactions and other UNCITRAL texts in this field;
- Take stock of legislative developments by States in their domestic laws and international and regional organizations with regard to secured transactions including new types of assets;
- Take stock of international financing practices using such assets; and
- Assess whether developments related to new types of assets should be considered in the Model Law so to better assist States.