Глоссарий

Choice of law - ( рус. Выбор права) - the determination of which law most appropriately governs the relationship between parties involved in the settlement of a securities transaction a contractual provision by which parties choose the law that will govern their contract or relationship. Choice of law may also refer to the question of what law should govern in the case of a conflict of laws. See also conflict of laws.

(Committee on Payment and Settlement Systems "A glossary of terms used in payments and settlement systems", March 2003, англо-русский словарь терминов по депозитарному хранению и клирингу, www.dcc.ru)

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