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Place of the Relevant Intermediary Approach


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The Place of the Relevant Intermediary Approach, or PRIMA, is a conflict of laws rule applied to the proprietary aspects of security transactions, especially collateral transactions. It is an alternative approach to the historically important look-through approach, and was in its earliest form the basis for the initial draft of the Hague Securities Convention.
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    • Type I PRIMA 

    • Type II (a non-PRIMA approach)