El uso de mandatarios en los derechos de garantías mobiliarias hongkonés e inglés

The law regarding Mexican secured transactions has been reformed in the last decades. These modifications have been based, specially, in the American article 9 of the uniform commercial code. However, the common law system has other forms to deal with these issues. The Hong Kong system (which is based on the English system) has not adopted a uniform system as the one in the aforementioned article 9; therefore, different forms of secured transactions exist in Hong Kong. Moreover, the Hong Kong system offers the possibility of naming an agent, who will take possession of the secured good, for the execution of a secured transaction ensuring the payment of the debt.