International Registry of Interests in Movable Assets

The International Registry of Interests in Movable Assets is a global system that records legal claims or interests in movable assets, like vehicles or machinery. It helps businesses and individuals establish ownership and protect their rights to these assets, making it easier to access financing or resolve disputes. By registering interests, lenders can see if an asset is already pledged to someone else, reducing risks. This registry promotes transparency and trust in transactions involving movable assets across international borders, facilitating trade and investment.