Download E-books The Development of Non-Bank Financial Institutions in Ukraine: Policy Reform Strategy and Action Plan (World Bank Working Papers) PDF

By Zeynep Kantur, Sue Rutledge

The possibility of ecu integration offers large possibilities and demanding situations for the improvement of non-bank monetary associations (NBFIs) in Ukraine. via such a lot measures, the advance of the NBFI region in Ukraine lags a ways at the back of that of modern accession nations in relevant Europe. to handle the most impediments dealing with the advance of the sphere, the Ukranian specialists have to enforce a technique in accordance with six major pillars:

• improve the means, independence, investment, and responsibility of the NBFI regulators;
• increase funds markets, executive bond markets, and municipal bond markets;
• restructure fairness markets;
• speed up the creation of funded pension schemes, and enhance transparency and purchaser • safeguard within the coverage undefined;
• significantly remodel company governance; and
• expand entry of NBFI finance.

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