Coordinating Prudential Regulation and Secured Transactions Frameworks : A Primer
Coordination between secured transactions law and rules regulating financial products and institutions is of primary importance to support establishing a sound and inclusive credit ecosystem. This Primer illustrates why coordination between secured...
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| Format: | Report |
| Language: | English |
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International Finance Corporation, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/739451604998793072/Coordinating-Prudential-Regulation-and-Secured-Transactions-Frameworks-A-Primer http://hdl.handle.net/10986/34813 |
| Summary: | Coordination between secured
transactions law and rules regulating financial products and
institutions is of primary importance to support
establishing a sound and inclusive credit ecosystem. This
Primer illustrates why coordination between secured
transactions law reforms and prudential regulation is
needed; introduces the rationale and key tenets of
prudential regulatory regimes. Also, specific attention is
given to capital requirements and prudential loan-loss
provisioning. The Primer also identifies a set of typical
issues emerging from the reform experiences of several
jurisdictions and presents the key elements of the
regulatory strategy to approach such issues. |
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