COMMERCIAL CREDIT REPORTING – LEGAL FRAMEWORKS

Posted by Joachim Bartels | Nov 26, 2010 | Regulatory Framework, Regulatory News | 0 |

Commercial Credit Reporting Regulatory Summary

SUMMARY OF BIIA SURVEY OF REGULATORY FRAMEWORKS IN KEY COUNTRIES

INDUSTRY STANDARDS ARE WELL ESTABLISHED AND SUBJECT TO SELF REGULATION AND MARKET DEMANDS

BIIA conducted a survey on regulatory frameworks for commercial credit information in key countries and found that there no regulatory restrictions on commercial credit information.

The industry is largely self-regulating, the market has a strong influence on performace standards and quality.

BIIA members subscribe to a code of conduct and to high quality standards.

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.