The role of credit reporting in supporting financial sector regulation and supervision
Public Consultation of the Report
Since 2009, the Center for Latin American Monetary Studies (CEMLA) participates in the International Committee on Credit Reporting led by the World Bank. The Committee aims at providing guidance to financial authorities and the private sector involved in the credit reporting industry in order to effectively support the sound and fair extension of credit in an economy as the foundation for robust and competitive credit markets. Among the various efforts carried out, the Committee defined the General Principles for Credit Reporting that were issued in September 2011. The Principles has been included in the compendium of standards of the Financial Stability Board (FSB) that are internationally accepted as important for sound, stable and well functioning financial systems.
Recently, the Committee drafted the report on “The role of credit reporting in supporting financial sector regulation and supervision” with the objective to in-depth analyze key issues for the implementation of the Principles worldwide. The Committee submits for public consultation this report and comments and observations can be directed here. Further consultations on the report can be directed to Raul Morales Resendiz, Manager of Financial Markets and Infrastructures (email@example.com).
- The role of credit reporting in supporting financial sector regulation and supervision
Consultation phase: September 1, 2015 to November 2, 2015
More information: The World Bank Group Consultation Hub