Saturday, September 13, 2008
KEY REFORMS IN EAST ASIA AND THE PACIFIC
Posted on 6:06 AM by svdfbd
CAMBODIA (global ranking 135) introduced a new secured transactions law that made it the world's top reformer in getting credit in 2007-08. The new law allows movable property to be used as collateral. And an online unified collateral registry is now in operation. In addition, Cambodia adopted the 2007 Bankruptcy Law, its first ever regulating the bankruptcy of private enterprises. The law
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