SECURED TRANSACTIONS SYSTEMS AND COLLATERAL REGISTRIES I jANUARY 2010
© 2010 INTERNATIONAL FINANCE CORPORATION2121 Pennsylvania Avenue, NW, Washington DC 20433All rights reservedManuactured in the United States o AmericaFirst Printing: January 2010This inormation, while based on sources that IFC considers reliable, is not guaranteed as to accuracy and does not purport to be complete.This inormation shall not be construed, implicitly or explicitly, as containing any investment recommendations and, accordingly, IFC is not registeredunder the U.S. Investment Advisers Act o 1940. This inormation does not constitute an oer o or on behal o IFC to purchase or sell any o theenterprises mentioned, nor should it be considered as investment advice.The denominations and geographical names in this publication are used solely or the convenience o the reader and do not imply the expression oany opinion whatsoever on the part o IFC, the World Bank, or other aliates concerning the legal status o any country, territory, city, area, or itsauthorities, or concerning the delimitation o its boundaries or national aliation.The ndings, interpretations, and conclusions expressed in this work are those o the authors and do not necessarily refect the views o the Boardo Executive Directors o the World Bank or the governments o the countries that they represent. The inormation in this work is not intended to serveas legal advice. The World Bank Group does not guarantee the accuracy o the data included in this work and accepts no responsibility or anyconsequences o the use o such data.
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About the Investment Climate Advisory Services o the World Bank Group
The Investment Climate Advisory Services o the World Bank Group helps governments implement reorms to improve their business environment, andencourage and retain investment, thus ostering competitive markets, growth and job creation. Funding is provided by the World Bank Group (IFC,MIGA, and the World Bank) and over teen donor partners working through the multi-donor FIAS platorm.The pictures on the cover were taken by (rom let to right) Dominic Sansoni (World Bank), Yose Hadar (World Bank pictures 2 and 5), CurtCarnemark (World Bank), Shehzad Noorani (World Bank), and Eric Miller (World Bank).