The EBRD's legal and regulatory assessment - What limits development of local capital markets?
The EBRD's legal and regulatory assessment - What limits development of local capital markets?
Frédérique Dahan
This article describes legal and regulatory impediments in some of the European Bank for Reconstruction and Development's (EBRD) countries of operations to the development of vibrant local capital markets, as identified within the EBRD Local Currency and Local Capital Markets Development Initiative. It also describes how such impediments could be addressed.
Law and Financial Markets Review, Vol. 6, No. 3, Jun 2012: 218-233.
Originally Published:
01/06/2012