Secured Transactions, Collateral Registries and Movable Asset-Based Financing : Knowledge Guide

The main objective of this Knowledge Guide is to provide guidance to the World Bank Group (WBG) staff, donor institutions, government officials and other practitioners on the objectives and implementation of secured transactions reforms, as well as the factors that affect the implementation. Chapter...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/193261570112901451/Secured-Transactions-Collateral-Registries-and-Movable-Asset-Based-Financing
http://hdl.handle.net/10986/32551
id okr-10986-32551
recordtype oai_dc
spelling okr-10986-325512021-06-14T10:00:47Z Secured Transactions, Collateral Registries and Movable Asset-Based Financing : Knowledge Guide World Bank ACCESS TO FINANCE COLLATERAL SECURED TRANSACTION CREDIT INFRASTRUCTURE GENDER FINANCE INTERNATIONAL FINANCIAL STANDARDS COLLATERAL REGISTRY The main objective of this Knowledge Guide is to provide guidance to the World Bank Group (WBG) staff, donor institutions, government officials and other practitioners on the objectives and implementation of secured transactions reforms, as well as the factors that affect the implementation. Chapter one contains a discussion of the economic rationale for modern secured transactions systems, providing a background on the utility of the reforms and their roles within the broader credit infrastructure, as well as a detailed section on various secured lending products. Chapter two charts some recent trends that impact secured transactions that may have more profound effects in the regulatory space, especially prudential regulation of financial institutions with respect to the deployment of various credit products, or initiatives that have the potential to disrupt existing processes, such as distributed ledger and blockchain technologies. Chapter three provides lessons from the implementation of the reforms, highlighting the key elements of international best practices and the challenges to their implementation on the ground. The chapter goes beyond secured transactions laws and examines their impact on other legislation, highlighting the need for proper integration within the broader legal frame¬work. Chapter four addresses a number of aspects of the core building block of modern secured transactions regimes, an electronic registry for notices of security rights (collateral registry). This Chapter focuses on various design considerations and their implementation. Finally, chapter five outlines the key elements of public awareness and capacity building that are essential to the successful deployment of a reform that is designed to increase access to credit. 2019-10-16T19:58:19Z 2019-10-16T19:58:19Z 2019-11 Report http://documents.worldbank.org/curated/en/193261570112901451/Secured-Transactions-Collateral-Registries-and-Movable-Asset-Based-Financing http://hdl.handle.net/10986/32551 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Financial Sector Study
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCESS TO FINANCE
COLLATERAL
SECURED TRANSACTION
CREDIT INFRASTRUCTURE
GENDER FINANCE
INTERNATIONAL FINANCIAL STANDARDS
COLLATERAL REGISTRY
spellingShingle ACCESS TO FINANCE
COLLATERAL
SECURED TRANSACTION
CREDIT INFRASTRUCTURE
GENDER FINANCE
INTERNATIONAL FINANCIAL STANDARDS
COLLATERAL REGISTRY
World Bank
Secured Transactions, Collateral Registries and Movable Asset-Based Financing : Knowledge Guide
description The main objective of this Knowledge Guide is to provide guidance to the World Bank Group (WBG) staff, donor institutions, government officials and other practitioners on the objectives and implementation of secured transactions reforms, as well as the factors that affect the implementation. Chapter one contains a discussion of the economic rationale for modern secured transactions systems, providing a background on the utility of the reforms and their roles within the broader credit infrastructure, as well as a detailed section on various secured lending products. Chapter two charts some recent trends that impact secured transactions that may have more profound effects in the regulatory space, especially prudential regulation of financial institutions with respect to the deployment of various credit products, or initiatives that have the potential to disrupt existing processes, such as distributed ledger and blockchain technologies. Chapter three provides lessons from the implementation of the reforms, highlighting the key elements of international best practices and the challenges to their implementation on the ground. The chapter goes beyond secured transactions laws and examines their impact on other legislation, highlighting the need for proper integration within the broader legal frame¬work. Chapter four addresses a number of aspects of the core building block of modern secured transactions regimes, an electronic registry for notices of security rights (collateral registry). This Chapter focuses on various design considerations and their implementation. Finally, chapter five outlines the key elements of public awareness and capacity building that are essential to the successful deployment of a reform that is designed to increase access to credit.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Secured Transactions, Collateral Registries and Movable Asset-Based Financing : Knowledge Guide
title_short Secured Transactions, Collateral Registries and Movable Asset-Based Financing : Knowledge Guide
title_full Secured Transactions, Collateral Registries and Movable Asset-Based Financing : Knowledge Guide
title_fullStr Secured Transactions, Collateral Registries and Movable Asset-Based Financing : Knowledge Guide
title_full_unstemmed Secured Transactions, Collateral Registries and Movable Asset-Based Financing : Knowledge Guide
title_sort secured transactions, collateral registries and movable asset-based financing : knowledge guide
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/193261570112901451/Secured-Transactions-Collateral-Registries-and-Movable-Asset-Based-Financing
http://hdl.handle.net/10986/32551
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