The Development of Non-bank Financial Institutions in Ukraine : Policy Reform Strategy and Action Plan
The prospect of European integration presents huge opportunities and challenges for the development of non-bank financial institutions (NBFIs) in Ukraine. By most measures, the development of the NBFI sector in Ukraine lags far behind that of recen...
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| Format: | Publication |
| Language: | English en_US |
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Washington, DC: World Bank
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2006/01/6885890/development-nonbank-financial-institutions-ukraine-policy-reform-strategy-action-plan http://hdl.handle.net/10986/7036 |
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okr-10986-7036 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTABILITY ACCOUNTING ASSET MANAGEMENT ASSET MANAGEMENT COMPANIES ASSET SALES ASSET TRANSFERS AUDITING AUTONOMY BANK LENDING BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKRUPTCY PROCEEDINGS BANKS BENEFICIAL OWNERS BEST EXECUTION RULES BOARD MEMBERS BOND ISSUES BOND MARKETS BONDS BORROWING CABINET OF MINISTERS CAPACITY BUILDING CAPITAL ADEQUACY CAPITAL MARKETS CAPITAL REQUIREMENTS CAPITALIZATION CIVIL SERVICE COLLECTIVE COMPANY COMPANY LAW COMPREHENSIVE STRATEGY CONSOLIDATION CONSUMER PROTECTION CONTRACTUAL SAVINGS CONTROLLING SHAREHOLDERS CORPORATE BOARDS CORPORATE GOVERNANCE CORPORATE SECURITIES CORPORATION CREDIT INSURANCE DEBT DEBT STRUCTURE DEVELOPMENT STRATEGY DISCLOSURE REQUIREMENTS DISCOUNTED VALUE DISEQUILIBRIUM DUE CARE DUE DILIGENCE ECONOMIC COOPERATION ECONOMIC GROWTH ENFORCEMENT POWERS EQUITY MARKETS ESTATE EXCESS LIQUIDITY EXCHANGE COMMISSION FACTORING FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL LEASING FINANCIAL MARKETS FINANCIAL REGULATION FINANCIAL REPORTING FINANCIAL REPORTS FINANCIAL SECTOR FINANCIAL SERVICES FISCAL DEFICITS FULL DISCLOSURE GDP GROSS DOMESTIC PRODUCT HOUSING HOUSING FINANCE ILLIQUIDITY INDEPENDENCE REQUIREMENTS INDIVIDUAL INVESTORS INFLATION INFORMATION DISSEMINATION INSTITUTIONAL INVESTORS INSURANCE INSURANCE COMPANIES INSURANCE INDUSTRY INSURANCE LAW INSURANCE PREMIUMS INSURERS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL FINANCIAL INSTITUTIONS INVESTIGATION INVESTOR PROTECTION JOINT STOCK COMPANIES LARGE COMPANIES LEGAL FRAMEWORK LEGISLATION LEGISLATIVE FRAMEWORK LEVEL PLAYING FIELD LIFE INSURANCE LIMITED LIQUIDATION LOCAL GOVERNMENT MANAGERS MARKET INSTITUTIONS MATURITIES MERGER MERGERS MORTGAGE DEFAULT MORTGAGE INSURANCE MOTOR THIRD PARTY LIABILITY INSURANCE MUTUAL FUNDS NATIONAL BANK OFFERINGS PENSION FUNDS PENSION REGULATION PENSION SCHEMES PENSION SUPERVISION PENSIONS PRIVATE PARTNERSHIP PRIVATE PARTNERSHIPS PRIVATIZATION PROFESSIONAL ORGANIZATIONS PROPERTY INSURANCE PROTECTION OF MINORITY SHAREHOLDERS PUBLIC COMPANIES PUBLIC OFFERINGS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY FRAMEWORK REGULATORY POLICY REGULATORY REFORM REGULATORY REFORMS REGULATORY REPORTS REINSURANCE REORGANIZATION RIGHTS OF SHAREHOLDERS RISK MANAGEMENT SAVINGS SECURITIES SECURITIES MARKETS SHAREHOLDER SHAREHOLDER RIGHTS SHAREHOLDER VOTING SHAREHOLDERS MEETING STATE REGULATION STOCK EXCHANGE STOCK EXCHANGES STOCK MARKET SUBSIDIARY SUPERVISORY FRAMEWORK TAX LAWS TAXATION TRADING SYSTEMS TRANSPARENCY UNDERWRITING UNION VALUATION VENTURE CAPITAL WAGES |
| spellingShingle |
ACCOUNTABILITY ACCOUNTING ASSET MANAGEMENT ASSET MANAGEMENT COMPANIES ASSET SALES ASSET TRANSFERS AUDITING AUTONOMY BANK LENDING BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKRUPTCY PROCEEDINGS BANKS BENEFICIAL OWNERS BEST EXECUTION RULES BOARD MEMBERS BOND ISSUES BOND MARKETS BONDS BORROWING CABINET OF MINISTERS CAPACITY BUILDING CAPITAL ADEQUACY CAPITAL MARKETS CAPITAL REQUIREMENTS CAPITALIZATION CIVIL SERVICE COLLECTIVE COMPANY COMPANY LAW COMPREHENSIVE STRATEGY CONSOLIDATION CONSUMER PROTECTION CONTRACTUAL SAVINGS CONTROLLING SHAREHOLDERS CORPORATE BOARDS CORPORATE GOVERNANCE CORPORATE SECURITIES CORPORATION CREDIT INSURANCE DEBT DEBT STRUCTURE DEVELOPMENT STRATEGY DISCLOSURE REQUIREMENTS DISCOUNTED VALUE DISEQUILIBRIUM DUE CARE DUE DILIGENCE ECONOMIC COOPERATION ECONOMIC GROWTH ENFORCEMENT POWERS EQUITY MARKETS ESTATE EXCESS LIQUIDITY EXCHANGE COMMISSION FACTORING FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL LEASING FINANCIAL MARKETS FINANCIAL REGULATION FINANCIAL REPORTING FINANCIAL REPORTS FINANCIAL SECTOR FINANCIAL SERVICES FISCAL DEFICITS FULL DISCLOSURE GDP GROSS DOMESTIC PRODUCT HOUSING HOUSING FINANCE ILLIQUIDITY INDEPENDENCE REQUIREMENTS INDIVIDUAL INVESTORS INFLATION INFORMATION DISSEMINATION INSTITUTIONAL INVESTORS INSURANCE INSURANCE COMPANIES INSURANCE INDUSTRY INSURANCE LAW INSURANCE PREMIUMS INSURERS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL FINANCIAL INSTITUTIONS INVESTIGATION INVESTOR PROTECTION JOINT STOCK COMPANIES LARGE COMPANIES LEGAL FRAMEWORK LEGISLATION LEGISLATIVE FRAMEWORK LEVEL PLAYING FIELD LIFE INSURANCE LIMITED LIQUIDATION LOCAL GOVERNMENT MANAGERS MARKET INSTITUTIONS MATURITIES MERGER MERGERS MORTGAGE DEFAULT MORTGAGE INSURANCE MOTOR THIRD PARTY LIABILITY INSURANCE MUTUAL FUNDS NATIONAL BANK OFFERINGS PENSION FUNDS PENSION REGULATION PENSION SCHEMES PENSION SUPERVISION PENSIONS PRIVATE PARTNERSHIP PRIVATE PARTNERSHIPS PRIVATIZATION PROFESSIONAL ORGANIZATIONS PROPERTY INSURANCE PROTECTION OF MINORITY SHAREHOLDERS PUBLIC COMPANIES PUBLIC OFFERINGS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY FRAMEWORK REGULATORY POLICY REGULATORY REFORM REGULATORY REFORMS REGULATORY REPORTS REINSURANCE REORGANIZATION RIGHTS OF SHAREHOLDERS RISK MANAGEMENT SAVINGS SECURITIES SECURITIES MARKETS SHAREHOLDER SHAREHOLDER RIGHTS SHAREHOLDER VOTING SHAREHOLDERS MEETING STATE REGULATION STOCK EXCHANGE STOCK EXCHANGES STOCK MARKET SUBSIDIARY SUPERVISORY FRAMEWORK TAX LAWS TAXATION TRADING SYSTEMS TRANSPARENCY UNDERWRITING UNION VALUATION VENTURE CAPITAL WAGES Noel, Michel Kantur, Zeynep Prigozhina, Angela Rutledge, Sue Fursova, Olena The Development of Non-bank Financial Institutions in Ukraine : Policy Reform Strategy and Action Plan |
| geographic_facet |
Europe and Central Asia Europe Commonwealth of Independent States Eastern Europe Ukraine |
| relation |
World Bank Working Paper No. 81 |
| description |
The prospect of European integration
presents huge opportunities and challenges for the
development of non-bank financial institutions (NBFIs) in
Ukraine. By most measures, the development of the NBFI
sector in Ukraine lags far behind that of recent accession
countries in Central Europe. To address the main impediments
facing the development of the sector, the Ukrainian
authorities need to implement a strategy based on six main
pillars: 1) strengthen the capacity, independence, funding,
and accountability of the NBFI regulators; 2) develop money
markets, government bond markets, and municipal bond
markets; 3) restructure equity markets; 4) accelerate the
introduction of funded pension schemes, and, improve
transparency and consumer protection in the insurance
industry; 5) radically transform corporate governance; and,
6) broaden access of NBFI finance. |
| format |
Publications & Research :: Publication |
| author |
Noel, Michel Kantur, Zeynep Prigozhina, Angela Rutledge, Sue Fursova, Olena |
| author_facet |
Noel, Michel Kantur, Zeynep Prigozhina, Angela Rutledge, Sue Fursova, Olena |
| author_sort |
Noel, Michel |
| title |
The Development of Non-bank Financial Institutions in Ukraine : Policy Reform Strategy and Action Plan |
| title_short |
The Development of Non-bank Financial Institutions in Ukraine : Policy Reform Strategy and Action Plan |
| title_full |
The Development of Non-bank Financial Institutions in Ukraine : Policy Reform Strategy and Action Plan |
| title_fullStr |
The Development of Non-bank Financial Institutions in Ukraine : Policy Reform Strategy and Action Plan |
| title_full_unstemmed |
The Development of Non-bank Financial Institutions in Ukraine : Policy Reform Strategy and Action Plan |
| title_sort |
development of non-bank financial institutions in ukraine : policy reform strategy and action plan |
| publisher |
Washington, DC: World Bank |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2006/01/6885890/development-nonbank-financial-institutions-ukraine-policy-reform-strategy-action-plan http://hdl.handle.net/10986/7036 |
| _version_ |
1764399020625625088 |
| spelling |
okr-10986-70362021-04-23T14:02:27Z The Development of Non-bank Financial Institutions in Ukraine : Policy Reform Strategy and Action Plan Noel, Michel Kantur, Zeynep Prigozhina, Angela Rutledge, Sue Fursova, Olena ACCOUNTABILITY ACCOUNTING ASSET MANAGEMENT ASSET MANAGEMENT COMPANIES ASSET SALES ASSET TRANSFERS AUDITING AUTONOMY BANK LENDING BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKRUPTCY PROCEEDINGS BANKS BENEFICIAL OWNERS BEST EXECUTION RULES BOARD MEMBERS BOND ISSUES BOND MARKETS BONDS BORROWING CABINET OF MINISTERS CAPACITY BUILDING CAPITAL ADEQUACY CAPITAL MARKETS CAPITAL REQUIREMENTS CAPITALIZATION CIVIL SERVICE COLLECTIVE COMPANY COMPANY LAW COMPREHENSIVE STRATEGY CONSOLIDATION CONSUMER PROTECTION CONTRACTUAL SAVINGS CONTROLLING SHAREHOLDERS CORPORATE BOARDS CORPORATE GOVERNANCE CORPORATE SECURITIES CORPORATION CREDIT INSURANCE DEBT DEBT STRUCTURE DEVELOPMENT STRATEGY DISCLOSURE REQUIREMENTS DISCOUNTED VALUE DISEQUILIBRIUM DUE CARE DUE DILIGENCE ECONOMIC COOPERATION ECONOMIC GROWTH ENFORCEMENT POWERS EQUITY MARKETS ESTATE EXCESS LIQUIDITY EXCHANGE COMMISSION FACTORING FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL LEASING FINANCIAL MARKETS FINANCIAL REGULATION FINANCIAL REPORTING FINANCIAL REPORTS FINANCIAL SECTOR FINANCIAL SERVICES FISCAL DEFICITS FULL DISCLOSURE GDP GROSS DOMESTIC PRODUCT HOUSING HOUSING FINANCE ILLIQUIDITY INDEPENDENCE REQUIREMENTS INDIVIDUAL INVESTORS INFLATION INFORMATION DISSEMINATION INSTITUTIONAL INVESTORS INSURANCE INSURANCE COMPANIES INSURANCE INDUSTRY INSURANCE LAW INSURANCE PREMIUMS INSURERS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL FINANCIAL INSTITUTIONS INVESTIGATION INVESTOR PROTECTION JOINT STOCK COMPANIES LARGE COMPANIES LEGAL FRAMEWORK LEGISLATION LEGISLATIVE FRAMEWORK LEVEL PLAYING FIELD LIFE INSURANCE LIMITED LIQUIDATION LOCAL GOVERNMENT MANAGERS MARKET INSTITUTIONS MATURITIES MERGER MERGERS MORTGAGE DEFAULT MORTGAGE INSURANCE MOTOR THIRD PARTY LIABILITY INSURANCE MUTUAL FUNDS NATIONAL BANK OFFERINGS PENSION FUNDS PENSION REGULATION PENSION SCHEMES PENSION SUPERVISION PENSIONS PRIVATE PARTNERSHIP PRIVATE PARTNERSHIPS PRIVATIZATION PROFESSIONAL ORGANIZATIONS PROPERTY INSURANCE PROTECTION OF MINORITY SHAREHOLDERS PUBLIC COMPANIES PUBLIC OFFERINGS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY FRAMEWORK REGULATORY POLICY REGULATORY REFORM REGULATORY REFORMS REGULATORY REPORTS REINSURANCE REORGANIZATION RIGHTS OF SHAREHOLDERS RISK MANAGEMENT SAVINGS SECURITIES SECURITIES MARKETS SHAREHOLDER SHAREHOLDER RIGHTS SHAREHOLDER VOTING SHAREHOLDERS MEETING STATE REGULATION STOCK EXCHANGE STOCK EXCHANGES STOCK MARKET SUBSIDIARY SUPERVISORY FRAMEWORK TAX LAWS TAXATION TRADING SYSTEMS TRANSPARENCY UNDERWRITING UNION VALUATION VENTURE CAPITAL WAGES The prospect of European integration presents huge opportunities and challenges for the development of non-bank financial institutions (NBFIs) in Ukraine. By most measures, the development of the NBFI sector in Ukraine lags far behind that of recent accession countries in Central Europe. To address the main impediments facing the development of the sector, the Ukrainian authorities need to implement a strategy based on six main pillars: 1) strengthen the capacity, independence, funding, and accountability of the NBFI regulators; 2) develop money markets, government bond markets, and municipal bond markets; 3) restructure equity markets; 4) accelerate the introduction of funded pension schemes, and, improve transparency and consumer protection in the insurance industry; 5) radically transform corporate governance; and, 6) broaden access of NBFI finance. 2012-06-04T19:18:02Z 2012-06-04T19:18:02Z 2006 http://documents.worldbank.org/curated/en/2006/01/6885890/development-nonbank-financial-institutions-ukraine-policy-reform-strategy-action-plan 978-0-8213-6678-3 http://hdl.handle.net/10986/7036 English en_US World Bank Working Paper No. 81 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication Europe and Central Asia Europe Commonwealth of Independent States Eastern Europe Ukraine |