The lack of coordination between secured transactions law and capital requirements generates tensions in the legal framework governing extension of credit secured by movable assets. Contrary to common assumptions, secured transactions law reforms do not necessarily improve access to credit if regulatory considerations are not properly addressed. With primary reference to the Basel Capital Accords and the UNCITRAL Model Law, this article isolates the regulatory requisites for security rights in movable assets to reduce capital requirements. Moving from this analysis, this article then offers a regulatory strategy to sustain secured transactions law reforms at the national level.

中文翻译：

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弥合差距：担保交易法改革的监管层面

担保交易法与资本要求之间缺乏协调，导致管理由动产担保的信贷展期的法律框架出现紧张。与普遍假设相反，如果监管方面的考虑没有得到妥善解决，担保交易法改革不一定会改善获得信贷的机会。本文主要参考《巴塞尔资本协议》和《贸易法委员会示范法》，分离了动产担保权的监管要求，以降低资本要求。从这一分析出发，本文提供了一种监管策略，以在国家层面维持担保交易法改革。