To break down the intricacies of factoring and to provide an overview of the UAE law, Trade Finance Global (TFG) spoke to Marek Dubovec, director at the International Law Institute and professor at the University of Arizona.
Director of Law Reform Programs, International Law Institute
For over 15 years, Marek has been working with international standard-setters, including UNCITRAL and UNIDROIT to draft conventions, model laws, principles and guides that assist States in modernizing their commercial law frameworks. He has worked on the implementation of these standards under the projects funded by the World Bank Group, the European Bank for Reconstruction and Development, FSD-Kenya, and others. He has assisted countries in Africa (e.g., Kenya), Asia (e.g., the Philippines), Eastern Europe (e.g., Ukraine), the Middle East (e.g., the UAE) and Latin America (e.g. Colombia) with reforms of their secured transactions, factoring, warehouse receipts and related legislation. In these projects, Marek drafted laws and regulations, assisted with the building of registration systems, and provided capacity building to various stakeholders, including financial institutions, government officials, and judges.
Additionally, Marek is Professor of Practice at the University of Arizona, James E. Rogers College of Law and has served as a visiting scholar at the Institute for Monetary and Economic Studies of the Bank of Japan, and a visiting professor at the University of Puerto Rico School of Law.
Marek has served as delegate to the UNCITRAL Working Groups I [MSMEs]; Working Group VI [Security Interests]; and Working Group V [Insolvency]. At UNIDROIT, Marek serves as Advisor to the Secretariat on Model Law on Warehouse Receipt and is a member of Working Groups and Drafting Committees for the projects on Model Law on Factoring and Digital Assets and Private Law. Marek has served as a delegate to the Organization of American States.
Awards: Special Recognition Award for the Leadership in the Development and Adoption of Modern and Effective Secured Transaction Laws - Issued by Commercial Finance Association · Nov 2016
Expertise In: Law Reform, Commercial Law
Languages: Slovak, English
To break down the intricacies of factoring and to provide an overview of the UAE law, Trade Finance Global (TFG) spoke to Marek Dubovec, director at the International Law Institute and professor at the University of Arizona.