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the 2006 audit directive and a new audit regulation addressing oversight of the most significant audits were adopted in … reporting requirements introduced by the regulation are expected to increase the usefulness of statutory audits of public … audit directive and the regulation will bring more consistency in audit oversight and quality assurance systems across …
Persistent link: https://www.econbiz.de/10012644765
. The strategy for responsible development (SRD) recognizes the importance of regulation to stimulate economic activity in …
Persistent link: https://www.econbiz.de/10012645760
This paper provides an overview of different regulatory approaches to Fintech and provides guidance for policymakers to understand the benefits and limitations of each. While some Fintech activities can often be covered within existing regulatory frameworks, the majority of jurisdictions are...
Persistent link: https://www.econbiz.de/10012647102
Policies, institutions, and regulation (PIR) are essential to achieving the Sustainable Development Goals (SDGs …
Persistent link: https://www.econbiz.de/10013414082
Air transport plays an important role in fostering development, particularly in facilitating economic integration, generating trade, promoting tourism, and creating employment opportunities. It facilitates integration into the global economy and provides vital connectivity on a national,...
Persistent link: https://www.econbiz.de/10013413948
Micro and small enterprise (MSME) insolvency is particularly likely to impact not only the business, but also the … frequently in the context of corporate insolvency. This report refines and expands on the earlier deliberations of the Insolvency … and Creditor or Debtor Regimes Task Force (ICR Task Force) regarding the optimal approaches for treating MSME insolvency …
Persistent link: https://www.econbiz.de/10012645571
In the last three years, household debt has risen by a third as disposable income declined. Declining interest rates, ease of access to credit for consumers and poorly regulated microfinance lending practices led to fast growth in consumer debt. Consumer lending in the banking and microfinance...
Persistent link: https://www.econbiz.de/10012646968
The World Bank Group assessed the insolvency and creditor/debtor regimes ('ICR') of Bulgaria pursuant to the joint IMF … rather comprehensive but in practice insolvency proceedings are not working effectively. This report tries to contribute to …
Persistent link: https://www.econbiz.de/10012247258
Micro, small, and medium enterprises (MSMEs) are among the largest commercial users of insolvency systems. MSMEs are a … insolvencies. However, there are a very few specialized legal regimes for MSME insolvency; most jurisdictions treat MSME … challenges of MSME insolvency; and considers if existing international standards are sufficient to address MSME insolvency …
Persistent link: https://www.econbiz.de/10012247946
Over the past few years, Microfinance Institutions (MFIs) in Iraq have emerged as credible sources of financing for low-income households and entrepreneurs, both underserved by conventional banks. Microfinance services in Iraq, however, are still nascent and far from meeting their full...
Persistent link: https://www.econbiz.de/10012564389