title: The concept and general characteristics of Polish securities law
metadata.name: dc.contributor.author
metadata.value: Janiak, Andrzej
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2022-07-08T09:44:07Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2022-07-08T09:44:07Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2021-09
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Janiak, Andrzej. 2021. The concept and general characteristics of Polish securities law. Pravovedenie 65 (3): 301–313.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu25.2021.304
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/37125
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The article presents the general characteristics of Polish securities law and the main juridical,
  legislative and practical issues arising in this area of legal transactions. Securities law comprises
  a set of regulations that govern the principles of creating securities, the rules of trading in these
  instruments and the principles of exercising rights and performing obligations stemming from
  securities. Polish law does not define the concept of a security. The doctrine generally assumes
  that a security is a document stating a specific property right of a transferable nature, which
  incorporates this right into this document, the possession of which is a necessary condition for
  the exercise of this right and its disposal. Securities law in Poland has not been codified and its
  sources are dispersed. General issues are regulated in the provisions of Art. 9266–92616 of the
  Civil Code, while specific issues are regulated in legislative acts regulating particular types of
  securities, acts devoted essentially to other issues but also containing regulations of particular
  types of securities, and in normative acts of the European Union, in particular, in Regulations
  of the European Parliament and the Council (EU). Securities have been regulated in more or
  less detail under Polish law. However, there are considerable legislative issues that need to be
  addressed with regard to certain types of securities which have recently become “dematerialised”
  and this “dematerialisation” has made the traditional legal solutions governing them,
  which were essentially based on property law constructions, inadequate. What the Polish legislator
  has not achieved yet is uniform set of legal solutions that could apply to both tangible and
  intangible, dematerialised securities taking the form of book entries only. As a result, we have to
  do with a certain regulatory dualism in this area in Poland. The general provisions on securities
  contained in the Civil Code are generally applicable to traditional securities, whereas the issue
  and trading in dematerialised securities is regulated by other provisions as well, mainly the Act
  on trading in financial instruments of 2005.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: en
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Pravovedenie;Volume 65; Issue 3
metadata.lang: -
metadata.name: dc.subject
metadata.value: security
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: financial instrument
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: bill of exchange
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: cheque
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: bill of lading
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: share
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: investment certificate
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: bond
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: The concept and general characteristics of Polish securities law
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 13847-Article Text-45386-1-10-20220627.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/37125/1/13847-Article%20Text-45386-1-10-20220627.pdf
resources.format: Adobe PDF
resources.size: 774,35 kB