Publications

Search

Publications

FSB Final Report: SME financing evaluation
The Financial Stability Board (FSB) published its final report on the Evaluation of the effects of financial regulatory reforms on small and medium-sized enterprise (SME) financing , following a public consultation earlier this year. The evaluation is motivated by the need to better understand the effects of the reforms on the financing of real...
Regulating Alternative Finance - Cover Book
This report is jointly produced by the World Bank and the Cambridge Centre for Alternative Finance at the University of Cambridge Judge Business School. This study intends to understand the global regulatory landscape for alternative finance through the collation of empirical data from regulators, including securities regulators, capital markets...
Regulatory Sandbox Lessons Learned Report
The regulatory sandbox (“sandbox”), part of Innovate, allows firms to test innovative products, services and business models in a live market environment, while ensuring that appropriate safeguards are in place. It was established following a feasibility report published in November 2015 to support the FCA’s objective of promoting effective...
On the Rise of FinTechs - Credit Scoring Using Digital Footprints
This whitepaper analyzes the information content of the digital footprint – information that people leave online simply by accessing or registering on a website – for predicting consumer default. Using more than 250,000 observations, we show that even simple, easily accessible variables from the digital footprint equal or exceed the information...
OECD Corporate Governance Factbook
The Factbook contains comparable data and information on 49 OECD, G20 and Financial Stability Board jurisdictions, and can be used by governments, regulators and the private sector to compare their own frameworks with those of other countries. The Factbook was presented at the G20/OECD Seminar on Corporate Governance in Today's Capital Markets in...
OECD SME and Entrepreneurship Outlook 2019
The new OECD SME and Entrepreneurship Outlook presents the latest trends in performance of small and medium-sized enterprises (SMEs) and provides a comprehensive overview of business conditions and policy frameworks for SMEs and entrepreneurs. This year’s edition provides comparative evidence on business dynamism, productivity growth, wage gaps...
Early Lessons on Regulatory Innovations to Enable Inclusive FinTech
Technology-enabled innovation in financial services (FinTech) can extend the benefits of financial inclusion to millions of unbanked and underbanked people around the world. However, the rise of FinTech presents many regulatory challenges - for emerging and developing economies in particular. Consequently a number of regulators in advanced,...
Initial Coin Offerings (ICOs) for SME Financing
ICOs are one of the most prominent applications of blockchain for finance, allowing for an innovative and inclusive way of financing small and medium-sized enterprises (SMEs). Although the lack of regulatory clarity currently exposes ICO participants to some risks, appropriately regulated and supervised ICOs offer a potential new way to raise...
Report: Review into the Complaints and Alternative Dispute Resolution (ADR) Landscape for the UK’s SME Market
A new report published today by Simon Walker, former Director-General of the Institute of Directors, recommends new routes for Small and Medium-sized Enterprises to challenge banks without going to court. This report follows a series of separate reviews since the Global Financial Crisis which have examined the conduct of individual banking groups...
Doing Business 2019
Sixteenth in a series of annual reports comparing business regulation in 190 economies, Doing Business 2019 measures aspects of regulation affecting 10 areas of everyday business activity: Starting a business Dealing with construction permits Getting electricity Registering property Getting credit Protecting minority investors Paying taxes Trading...