A Guide to Warehouse Receipt Financing Reform : Legislative Reform
The main objective of this Guide to Warehouse Receipt Financing Reform is to provide technical advice and guidance to reformers, project teams supporting reforms, donor institutions, government officials, private stakeholders and other practitioner...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/09/26804444/guide-warehouse-receipt-financing-reform-legislative-reform http://hdl.handle.net/10986/25189 |
| Summary: | The main objective of this Guide to
Warehouse Receipt Financing Reform is to provide technical
advice and guidance to reformers, project teams supporting
reforms, donor institutions, government officials, private
stakeholders and other practitioners on the different
aspects related to the implementation of the law and
regulations governing the operation of warehouses, warehouse
licensing and supervision, and the issuance and role of
documents of title in emerging market countries. It is
highly recommended that government officials rely on
experts’ advice to introduce or to reform legislation
governing the operation of warehouses, as the information
provided in this guide cannot replace the on-the-ground
experience of a warehousing legislation expert. The content
of this guide walks the reader through the project cycle
(identification, diagnostic, solution design, and
implementation) on the major elements to be considered when
introducing pertinent legislative and regulatory reforms.
The recommendations presented in this guide are based on the
World Bank Group’s experience in the warehousing sector, and
particularly in the context of agricultural commodities, the
contributions of a number of experts in this field, existing
literature, reform experience in a number of emerging market
countries and the existing best practices in jurisdictions
with efficient and generally accepted warehousing systems.
This Guide does not cover all aspects of warehouse law
reform, which will vary depending on the form and substance
of the existing legal system, but it aims at covering at
least the minimum and most important elements of such a reform. |
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