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This note analyzes the evolution of Credit Information Systems, including the emergence of new technologies that use alternative data in credit decisioning and the opportunities and risks associated with these trends. This paper also predicts the potential development effect of these disruptive...
Persistent link: https://www.econbiz.de/10012646125
exploration and adoption of emerging technologies like blockchain, AI, edge-computing, internet of things (IoT), 5G, et cetera … Korea blockchain ecosystem is the first of the series and provides a short description of the blockchain technology and its … potential for solving development challenges and key highlights of the Korea blockchain ecosystem. Blockchain is a decentralized …
Persistent link: https://www.econbiz.de/10014366533
Since its adoption in December 2015 by the 21st Conference of Parties (COP21), within the United Nations Framework Convention on Climate Change (UNFCCC), 175 countries to date have ratified the Paris Agreement. These countries have made commitments Nationally Determined Contributions (NDCs), in...
Persistent link: https://www.econbiz.de/10012645184
In 2011, the World Bank Group commenced a multi- year program designed to support countries in systematically examining and strengthening the performance of their education systems. Part of the Bank's new Education Sector Strategy, this evidence based initiative, called SABER (Systems Approach...
Persistent link: https://www.econbiz.de/10012644705
, a new accounting directive was adopted, replacing the fourth and seventh directives on company law. A directive amending … accounting and auditing. The accounting directive seeks to enhance the quality of financial reporting and expand it, especially …
Persistent link: https://www.econbiz.de/10012644765
The purpose of this knowledge paper focusing on key accounting and auditing reforms is to assist the government to make … and Codes (ROSC) on Accounting and Auditing (A and A). The paper should be used as a tool to assist the Ministry of … Considerations for Public Interest Entities (PIEs); (ii) Reducing regulatory burdens related to compliance with accounting, financial …
Persistent link: https://www.econbiz.de/10012645946
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 identify legal and regulatory hotspots, laying the groundwork for their detailed and...
Persistent link: https://www.econbiz.de/10012647336
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 Note also provides examples from domestic secured transactions frameworks, especially...
Persistent link: https://www.econbiz.de/10012647338
Over the years, the demand for seamless and inexpensive cross-border payments has grown in parallel with growth in international e-commerce, remittances and tourism. Yet, cross-border payments have not kept pace with the intensive modernization that has characterized domestic payment services...
Persistent link: https://www.econbiz.de/10012817614
In recent years, due to innovations in technology, the concept of digital currency has emerged out of the desire of some private entities to replicate specific properties of cash in the digital space. Digital currencies have been issued in various electronic formats and value propositions, and...
Persistent link: https://www.econbiz.de/10012817615