This paper, which can be found in the ‘about us’ section, sets out what the project considers to be the irreducible core aspects of a modern secured transactions law: these form the agreed basis of the STR’s proposals.  The parameters for debate in relation to other (non-core) aspects of the law are also set out and considered in the paper, and further papers exploring the non-core issues will be produced later in the year.    Comments and contributions to the debate are warmly encouraged from all interested parties: contact details are here.