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Page 1: Legal Vice Presidency The World Bank Recording and Registration of Secured Rights SURVEY Commercial Enforcement and Insolvency Systems Legal Vice Presidency

Legal Vice PresidencyThe World Bank

Recording and RegistrationRecording and Registration

of Secured Rightsof Secured Rights

SURVEYSURVEYCommercial Enforcement and Insolvency SystemsCommercial Enforcement and Insolvency Systems

Legal Vice PresidencyThe World Bank

Page 2: Legal Vice Presidency The World Bank Recording and Registration of Secured Rights SURVEY Commercial Enforcement and Insolvency Systems Legal Vice Presidency

Legal Vice PresidencyThe World Bank

Public Registry forSecurity Interests

94% have a public registry for recording security interests

Page 3: Legal Vice Presidency The World Bank Recording and Registration of Secured Rights SURVEY Commercial Enforcement and Insolvency Systems Legal Vice Presidency

Legal Vice PresidencyThe World Bank

Registry Systems for Security

98%

68%

56%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Immovables Movables Intangibles

Page 4: Legal Vice Presidency The World Bank Recording and Registration of Secured Rights SURVEY Commercial Enforcement and Insolvency Systems Legal Vice Presidency

Legal Vice PresidencyThe World Bank

Frequency of Security Registration

98%

0% 2%

76%

16%8%

63%

22%15%

0%10%

20%

30%

40%

50%60%

70%

80%

90%

100%

Immovables Movables Intangibles

Frequently Sometimes Infrequently

Page 5: Legal Vice Presidency The World Bank Recording and Registration of Secured Rights SURVEY Commercial Enforcement and Insolvency Systems Legal Vice Presidency

Legal Vice PresidencyThe World Bank

Registry Systems for Security

56%60%

46%

30%26%

36%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Intellectualproperty

Equipment Inventory Future orafter-acquired

property

Globalproperty

Floating orshifting pool of

assets

Page 6: Legal Vice Presidency The World Bank Recording and Registration of Secured Rights SURVEY Commercial Enforcement and Insolvency Systems Legal Vice Presidency

Legal Vice PresidencyThe World Bank

Frequency of Security Registration

67%

18%15%

71%

6%

23%

69%

3%

28%

52%

10%

38%42%

11%

47% 48%

20%

32%

0%10%20%

30%40%

50%60%

70%80%

90%100%

Intellectualproperty

Equipment Inventory Future orafter-acquired

property

Globalproperty

Floating orshifting pool of

assets

Frequently Sometimes Infrequently

Page 7: Legal Vice Presidency The World Bank Recording and Registration of Secured Rights SURVEY Commercial Enforcement and Insolvency Systems Legal Vice Presidency

Legal Vice PresidencyThe World Bank

Registry Systems for Security

22% 20%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Based on possessory interestsover tangible assets

Based on non-possessoryinterests over tangible assets

Page 8: Legal Vice Presidency The World Bank Recording and Registration of Secured Rights SURVEY Commercial Enforcement and Insolvency Systems Legal Vice Presidency

Legal Vice PresidencyThe World Bank

Frequency of Security Registration

37%

21%

42%53%

11%

37%

0%10%20%30%40%50%60%70%80%90%

100%

Frequently Sometimes Infrequently

Based on possessory interestsover tangible assets

Based on non-possessoryinterests over tangible assets