Core legal texts

EBRD legal standards for secured transactions

As part of its role in fostering transition to market economy, the EBRD has developed a range of information to explain the rationale of secured transactions law and to guide future legal and institutional reforms.

• The EBRD Core Principles for a Secured Transactions Law contain the essential requirements that the legal framework has to meet.
• The EBRD Model Law on secured transactions illustrates the principal components of a secured transactions law and the way in which they can be included in legislation.
• The EBRD Core Principles for a Mortgage Law are directly inspired by the Core Principles for a Secured Transactions Law but the language has been adapted to refer specifically to mortgage.
• The EBRD Guiding Principles for the Development of a Charges Registry specifically assist in the design and assessment of registration systems for publicising security rights (especially over movable property).

National secured transactions laws

For each EBRD country of operations, a copy of the relevant main provisions for secured transactions is provided (in English).  As provisions may be found in several legal texts, refer to all sources below for the country of interest.

Civil code provisions on secured transactions

CountryAlbania - Not availableArmeniaAzerbaijanBelarusBosnia and Herzegovina - Not availableBulgaria - Not availableCroatia - Not availableCzech RepublicEstonia - Not availableGeorgiaHungaryKazakhstanKyrgyz RepublicLatviaLithuaniaFYR Macedonia - Not availableMoldovaMongolia - Not availableMontenegro - Not availablePolandRomania - Not availableRussiaSerbia - Not availableSlovak RepublicSlovenia - Not availableTajikistanTurkmenistanUkraineUzbekistan(0.1Mb)

Laws governing security over immovable property (mortgage)

CountryAlbania - Not availableArmenia - Not availableAzerbaijanBelarus - Not availableBosnia and Herzegovina - Not availableBulgariaCroatiaCzech Republic - Not availableEstoniaGeorgia - Not availableHungary - Not availableKazakhstanKyrgyz Republic - Not availableLatvia - Not availableLithuania - Not availableMacedoniaMoldovaMongolia - Not availableMontenegroPolandRomaniaRussiaSerbiaSlovak Republic - Not availableSloveniaTajikistanTurkmenistanUkraineUzbekistan(0.1Mb)

Laws governing security over movable property (pledge)

CountryAlbaniaArmenia - Not availableAzerbaijan - Not availableBelarus - Not availableBosnia and HerzegovinaBulgariaCroatiaCzech Republic - Not availableEstoniaGeorgia - Not availableHungaryKazakhstanKosovoKyrgyz RepublicLatviaLithuania - Not availableFYR MacedoniaMoldovaMongolia - Not availableMontenegroPolandRomaniaRussiaSerbiaSlovak Republic - Not availableSloveniaTajikistanTurkmenistanUkraineUzbekistan(0.1Mb)

The EBRD would like to thank those who have provided the English translation  (0.1Mb) of the laws.

These translations do not constitute official translations and neither the translators nor the EBRD can be held responsible for any inaccuracy or omission in the translation. The texts should be used for information purposes only and appropriate legal advice should be sought as and when appropriate.