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Keybot 3 Results  www.ebrd.com  Page 8
  Core principles [EBRD -...  
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This need has led the EBRD to define a set of 10 core principles (77KB - PDF) for a modern insolvency law regime (ILR). By virtue of being “core” principles, these cannot be exhaustive but, rather, are intended to form the foundation of an ILR.
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The EBRD regularly conducts assessments and surveys to measure the extensiveness and effectiveness of insolvency laws in its countries of operations.
  Core principles [EBRD -...  
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This need has led the EBRD to define a set of 10 core principles (77KB - PDF) for a modern insolvency law regime (ILR). By virtue of being “core” principles, these cannot be exhaustive but, rather, are intended to form the foundation of an ILR.
Compare text pagesCompare HTM pagesOpen source URLOpen target URLDefine ebrd.com as primary domain
The EBRD regularly conducts assessments and surveys to measure the extensiveness and effectiveness of insolvency laws in its countries of operations.
  Core principles [EBRD -...  
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These principles are based on international standards and best practices and therefore can assist in assessing a country’s ILR and in identifying the need for reform. These principles are meant as guidelines only and speak more to the results to be achieved rather than the process by which to achieve them.
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These laws are measured not against arbitrary or abstract principles but, rather, against international standards and best practices as articulated by, among other things, the UNCITRAL Legislative Guide on Insolvency Law and the World Bank’s Principles and Guidelines for Effective Insolvency and Creditor Rights Systems.