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Bulgaria - Report on the Observance of Standards and Codes (ROSC) : insolvency and creditor or debtor regimes (English)

The World Bank Group assessed the insolvency and creditor/debtor regimes (‘ICR’) of Bulgaria pursuant to the joint IMF/World Bank initiative on the observance of standards and codes (‘ROSC’). ... See More +

Insolvency Assessment (ROSC) 117718 JUN 01, 2016

Disclosed

Moldova - Financial sector assessment program : insolvency and creditor or debtor regimes - report on the observance of standards and codes (English)

The World Bank assessed the insolvency and creditor or debtor regimes (ICR) of Moldova pursuant to the joint international monetary fund (IMF) and World Bank initiative on the observance of standards and codes (ROSC). ... See More +

Insolvency Assessment (ROSC) 100208 DEC 01, 2014

Disclosed

Morocco - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems : Morocco - Rapport sur l'observation des normes et codes (RONC) : insolvabilite et droits des creanciers (French)

This review was carried out using the World Bank Principles and Guidelines for Effective Insolvency and Creditor Rights Systems (Principles). These systems constitute an essential cornerstone of commercial confidence and the bedrock for a sound credit management and its resolution. ... See More +

Insolvency Assessment (ROSC) 38982 SEP 01, 2006

English Disclosed

Morocco - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems (English)

This review was carried out using the World Bank Principles and Guidelines for Effective Insolvency and Creditor Rights Systems (Principles). These systems constitute an essential cornerstone of commercial confidence and the bedrock for a sound credit management and its resolution. ... See More +

Insolvency Assessment (ROSC) 38982 SEP 01, 2006

French Disclosed

Chile - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems (English)

The legal and institutional framework governing creditor rights and insolvency proceedings in Chile reasonably complies with expectations of a modern, credit-based economy, although some shortcomings affect the full effectiveness of credit risk management and resolution: Financial institutions over-rely on real estate as collateral. ... See More +

Insolvency Assessment (ROSC) 35019 JUN 01, 2004

Disclosed

Mauritius - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems (English)

The Bank assessed the Mauritius insolvency and creditor rights systems pursuant to a joint IMF-World Bank initiative to develop reports on the observance of standards and codes ("ROSC"), based on the Bank Principles and Guidelines for Effective Insolvency and Creditor Rights Systems during 2002. ... See More +

Insolvency Assessment (ROSC) 35112 MAR 01, 2004

Disclosed

Argentina - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems (English)

In 1995, Argentina enacted a new modern insolvency law that substantially improved corporate liquidations and rehabilitations. After almost seven years of experience, some legal and institutional weaknesses persist: (1) corporate workouts are difficult in practice; (2) the unified insolvency regime causes severe problems in judicial interpretation of many legal provisions, causing court congestion with insolvency cases; (3) an uneven playing field discourages rehabilitation; (4) a lack of insolvency specialization among judges impedes efficiency and uniformity in large commercial centers; and (5) sindicos are perceived as lacking objectivity and sufficient expertise to manage complex restructurings. ... See More +

Insolvency Assessment (ROSC) 37454 JUN 01, 2002

Spanish Disclosed

Argentina - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems : Argentina - Reporte de observancia de standares y codigos (ROSC) : sistemas de insolvencia y de derechos de credito (Spanish)

In 1995, Argentina enacted a new modern insolvency law that substantially improved corporate liquidations and rehabilitations. After almost seven years of experience, some legal and institutional weaknesses persist: (1) corporate workouts are difficult in practice; (2) the unified insolvency regime causes severe problems in judicial interpretation of many legal provisions, causing court congestion with insolvency cases; (3) an uneven playing field discourages rehabilitation; (4) a lack of insolvency specialization among judges impedes efficiency and uniformity in large commercial centers; and (5) sindicos are perceived as lacking objectivity and sufficient expertise to manage complex restructurings. ... See More +

Insolvency Assessment (ROSC) 37454 JUN 01, 2002

English Disclosed

Slovak Republic - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems (English)

The assessment team interviewed a cross section of country stakeholders regarding the effectiveness of the legal infrastructure, and its implementation supporting debtor-creditor relationships, corporate insolvency and credit risk management, and resolution practices, including among others, members of the Inter-Agency Commission for the preparation of a new insolvency law, and members of the drafting team for the new collateral law; and, various professionals serving as trustees, executors, lawyers and accountants also provided their input. ... See More +

Insolvency Assessment (ROSC) 35182 JUN 01, 2002

Disclosed

Lithuania - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems (English)

The legal environment in Lithuania to support creditor rights and debt enforcement is reasonably effective, and collateral regimes have been largely centralized and modernized. ... See More +

Insolvency Assessment (ROSC) 35097 FEB 01, 2002

Disclosed

Czech Republic - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems (English)

This report assesses the Czech Republic's insolvency and creditor rights systems pursuant to a joint International Monetary Fund-World Bank program to observe compliance with international standards and codes (ROSC) in areas pivotal to a country's financial sector stability and market integrity. ... See More +

Insolvency Assessment (ROSC) 35026 APR 01, 2001

Johnson, Gordon W. Disclosed

Title Document Date Report No. Document Type Also available in
Bulgaria - Report on the Observance of Standards and Codes (ROSC) : insolvency and creditor or debtor regimes (English)
See More +
JUN 01, 2016 117718 Insolvency Assessment (ROSC)
Moldova - Financial sector assessment program : insolvency and creditor or debtor regimes - report on the observance of standards and codes (English)
See More +
DEC 01, 2014 100208 Insolvency Assessment (ROSC)
Morocco - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems : Morocco - Rapport sur l'observation des normes et codes (RONC) : insolvabilite et droits des creanciers (French)
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SEP 01, 2006 38982 Insolvency Assessment (ROSC) English
Morocco - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems (English)
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SEP 01, 2006 38982 Insolvency Assessment (ROSC) French
Chile - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems (English)
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JUN 01, 2004 35019 Insolvency Assessment (ROSC)
Mauritius - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems (English)
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MAR 01, 2004 35112 Insolvency Assessment (ROSC)
Argentina - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems (English)
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JUN 01, 2002 37454 Insolvency Assessment (ROSC) Spanish
Argentina - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems : Argentina - Reporte de observancia de standares y codigos (ROSC) : sistemas de insolvencia y de derechos de credito (Spanish)
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JUN 01, 2002 37454 Insolvency Assessment (ROSC) English
Slovak Republic - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems (English)
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JUN 01, 2002 35182 Insolvency Assessment (ROSC)
Lithuania - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems (English)
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FEB 01, 2002 35097 Insolvency Assessment (ROSC)
Czech Republic - Report on the observance of standards and codes (ROSC) : insolvency and creditor rights systems (English)
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APR 01, 2001 35026 Insolvency Assessment (ROSC)