Banking and Finance

Financial Infrastructure discusses the importance of credit bureaus, collat- eral frameworks, and payment, remit- tance, and securities settlement systems for financial intermediation. However, this report does not touch on all ele- ments of financial infrastructure. Some important sources of financial informa- tion are not discussed, such as credit rating agencies, business credit reports, and corporate registries. Other impor- tant omissions include corporate gov- ernance and auditing and accounting practices and standards. As more data become available, this analysis will be able to be extended to a broader spec- trum of financial infrastructure.

Related Topics