Promoting the Use of Capital Markets for Infrastructure Financing : Lessons for Securities Markets Regulators in Emerging Market Economies
This Note provides guidance to securities markets regulators in emerging market economies (EMEs) about key regulatory issues that could affect the issuance of debt instruments for infrastructure financing over which they have some control. The Note...
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| Format: | Policy Note |
| Language: | English |
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/672231533669107669/Promoting-the-use-of-capital-markets-for-infrastructure-financing-lessons-for-securities-markets-regulators-in-emerging-market-economies http://hdl.handle.net/10986/30311 |
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okr-10986-303112021-05-25T09:17:32Z Promoting the Use of Capital Markets for Infrastructure Financing : Lessons for Securities Markets Regulators in Emerging Market Economies World Bank Group PUBLIC OFFERING PRIVATE OFFERING SECURITIES MARKET SECURITIES REGULATION CAPITAL MARKET EMERGING MARKET ECONOMIES DISCLOSURE INFRASTRUCTURE FINANCE This Note provides guidance to securities markets regulators in emerging market economies (EMEs) about key regulatory issues that could affect the issuance of debt instruments for infrastructure financing over which they have some control. The Note focuses on three areas (placement regime, disclosure obligations and control issues in financing structures) and whether and how their regulation could affect the use of two debt financing instruments in EMEs, project bonds, and infrastructure debt funds. To this end, it has drawn from the experiences of a select number of countries in both advanced and emerging market economies to distill lessons that can be used by securities regulators in EMEs to tailor their regulatory frameworks so that they can support infrastructure financing. The choice of debt financing instruments stems from the fact that the most pressing need for EMEs is access to lower cost, longer-term debt which the two instruments discussed herein are likely to deliver. 2018-08-27T17:07:29Z 2018-08-27T17:07:29Z 2017-11-01 Policy Note http://documents.worldbank.org/curated/en/672231533669107669/Promoting-the-use-of-capital-markets-for-infrastructure-financing-lessons-for-securities-markets-regulators-in-emerging-market-economies http://hdl.handle.net/10986/30311 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Policy Notes Economic & Sector Work European Union Australia Brazil Canada Colombia Costa Rica Indonesia Mexico Peru South Africa Turkey United States |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
PUBLIC OFFERING PRIVATE OFFERING SECURITIES MARKET SECURITIES REGULATION CAPITAL MARKET EMERGING MARKET ECONOMIES DISCLOSURE INFRASTRUCTURE FINANCE |
| spellingShingle |
PUBLIC OFFERING PRIVATE OFFERING SECURITIES MARKET SECURITIES REGULATION CAPITAL MARKET EMERGING MARKET ECONOMIES DISCLOSURE INFRASTRUCTURE FINANCE World Bank Group Promoting the Use of Capital Markets for Infrastructure Financing : Lessons for Securities Markets Regulators in Emerging Market Economies |
| geographic_facet |
European Union Australia Brazil Canada Colombia Costa Rica Indonesia Mexico Peru South Africa Turkey United States |
| description |
This Note provides guidance to
securities markets regulators in emerging market economies
(EMEs) about key regulatory issues that could affect the
issuance of debt instruments for infrastructure financing
over which they have some control. The Note focuses on three
areas (placement regime, disclosure obligations and control
issues in financing structures) and whether and how their
regulation could affect the use of two debt financing
instruments in EMEs, project bonds, and infrastructure debt
funds. To this end, it has drawn from the experiences of a
select number of countries in both advanced and emerging
market economies to distill lessons that can be used by
securities regulators in EMEs to tailor their regulatory
frameworks so that they can support infrastructure
financing. The choice of debt financing instruments stems
from the fact that the most pressing need for EMEs is access
to lower cost, longer-term debt which the two instruments
discussed herein are likely to deliver. |
| format |
Policy Note |
| author |
World Bank Group |
| author_facet |
World Bank Group |
| author_sort |
World Bank Group |
| title |
Promoting the Use of Capital Markets for Infrastructure Financing : Lessons for Securities Markets Regulators in Emerging Market Economies |
| title_short |
Promoting the Use of Capital Markets for Infrastructure Financing : Lessons for Securities Markets Regulators in Emerging Market Economies |
| title_full |
Promoting the Use of Capital Markets for Infrastructure Financing : Lessons for Securities Markets Regulators in Emerging Market Economies |
| title_fullStr |
Promoting the Use of Capital Markets for Infrastructure Financing : Lessons for Securities Markets Regulators in Emerging Market Economies |
| title_full_unstemmed |
Promoting the Use of Capital Markets for Infrastructure Financing : Lessons for Securities Markets Regulators in Emerging Market Economies |
| title_sort |
promoting the use of capital markets for infrastructure financing : lessons for securities markets regulators in emerging market economies |
| publisher |
World Bank, Washington, DC |
| publishDate |
2018 |
| url |
http://documents.worldbank.org/curated/en/672231533669107669/Promoting-the-use-of-capital-markets-for-infrastructure-financing-lessons-for-securities-markets-regulators-in-emerging-market-economies http://hdl.handle.net/10986/30311 |
| _version_ |
1764471646486265856 |