EBRD Survey Report of Insolvency and Secured Transaction Regimes

The Survey of Insolvency and Secured Transactions Regimes summarises the findings of an EBRD Legal Transition Programme survey about new financing and liquidity for businesses. The survey was completed by local legal counsels across 38 EBRD economies and focuses on the interaction between secured transactions and insolvency laws. It identifies legal obstacles that continue to restrict access to credit among businesses which should be removed to help businesses access the credit they need. The Survey complements another EBRD publication, “New Finance Support – Receivables finance for MSME resilience and economic growth”, which advocates for the development of receivables finance products for micro, small and medium enterprises in the regions where the EBRD invests.