The Principles and Guidelines for Effective Insolvency and Creditor Rights Systems ("Principles") were discussed by the Board on April 10, 2001. It was then instructed Bank staff to take the following steps: a) engage in a further dialogue, and seek feedback on the Principles, especially from developing countries, international experts, and other organizations; b) undertake a series of experimental ROSC - Report on Standards and Codes - assessments...
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