Moreover, if the conflict-of-laws rule looked to the location of the grantor on such issues as priority, the inconsistency between the conflict-of-laws rules governing bank accounts and those governing security accounts may well create confusion in practice, especially in circumstances where it is not clear whether an account is a bank account or a securities account.

The three delegations also agreed that in tailoring its structure to the realities on the ground, UNMIS must ensure clear lines of responsibility and avoid duplication of functions, as well as establishing clear accountability and an effective oversight framework.