To what extent are personal trust, mutual interests, and third parties important in enforcing agreements to trade? How do firms combine these to form transactional governance structures? This paper answers...
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...
This Guidance Note examines the potential of Distributed Ledger Technology (DLT) within the context of the UNCITRAL Model Law on Secured Transactions. While this model is the primary reference, the Guidance...
This Guidance Paper provides a primer on distributed ledger technology (DLT) and highlights the junctures at which this new technology meaningfully impacts secured transactions frameworks. The aim is to...
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...
The Government of Kuwait (GOK) is now moving decisively to reform its insolvency and creditor/debtor regime (ICR). Stakeholders recognize that Kuwait's ICR system had fallen behind that required for a...
Movable assets tangible or intangible often account for most of firm's capital stock. Thus it is important for jurisdictions to develop adequate laws on secured transactions to allow borrowers and lenders...
The financial sector is widely recognized as key for economic development. By mobilizing resources and channeling them into productive investments, the finance industry provides businesses with the capital...
In 2006, the Government of Nepal enacted the Secured Transactions Act, 2006 (ST Act). The ST Act provides the legal framework for: (i) the establishment of an entity to be called the Secured Transactions...
The development of the financial sector requires a sound legal framework, which enhances the ability of financial institutions to operate and provide needed services. In Lao PDR, the legal framework of...
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