Effective creditor and debtor rights and insolvency systems are an important element of financial system stability. The World Bank Group accordingly has been working with partner organizations to develop principles for insolvency and creditor and debtor rights systems. The principles for effective insolvency and creditor and debtor regimes are a distillation of international best practice on design aspects of these systems, emphasizing contextual...
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Principles for Effective Insolvency and Creditor and Debtor Regimes (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/391341619072648570