On March 8, 2024, Regulis S.A. (Regulis) launched the International Registry of Interests in Rolling Stock (Rolling Stock Registry) in conjunction with the coming into force of the Luxembourg Rail Protocol (the Protocol). This new legal regime supports the growth of the rail sector on the global stage.
The Protocol to the Cape Town Convention (the Convention) and the Rolling Stock Registry enable a new, global system for the recognition and prioritization of certain interests in rolling stock — offering registration and search of international interests in rolling stock, providing new opportunities for sector advancement and protection.
Under the stewardship of the International Institute for the Unification of Private Law (UNIDROIT) and the Intergovernmental Organisation for International Carriage by Rail (OTIF) with the vital support of the Rail Working Group and other industry and government and non-government organizations, the Protocol is now in force with the launch of the Rolling Stock Registry.
The Rolling Stock Registry operates within the international legal framework of the Protocol under the Convention. The Convention and the Protocol increase certainty and reduce risks in asset-based financing for the acquisition and use of railway rolling stock through a legal framework providing international recognition and enforcement of creditors’ rights. The Protocol covers rolling stock running above on, or under a permanent guideway — high-speed to light rail trains, freight locomotives and wagons to trams and subways, people movers at airports to gantries and cranes running on rails at ports.
– Learn more about the Rolling Stock Registry: www.rollingstockregistry.com/about-us
– Get started using the Rolling Stock Registry: www.rollingstockregistry.com/get-started
– Login to the Rolling Stock Registry: portal.rollingstockregistry.com
