Asia-Pacific Credit Coalition. Lessons for Information Sharing Standards in APEC. By Marlena Hurley, TransUnion CRIF Presentation for The Advisory Group on APEC Financial System Capacity-Building of Asia-Pacific of the APEC Business Advisory Council Moscow 6 May 2008. About APCC.
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Lessons for Information Sharing Standards in APEC
By Marlena Hurley, TransUnion CRIF
The Advisory Group on APEC Financial System Capacity-Building of Asia-Pacific of the APEC Business Advisory Council
6 May 2008
Full-file (positive and negative payment) and comprehensive (across many sectors) reporting:
Results of simulations using real credit files
Results on demography using real credit files
Results on loan portfolio performance
Comprehensive reporting promotes economic growth by enabling an increase in lending to the private sector by as much as 45% of GDP.
Source: Ross Levine, “Financial Development and Economic Growth: Views and Agenda” Journal of Economic Literature, Vol. 25(June 1997), pp. 688–726; Thorsten Beck, Asli Demirguc-Kunt and Ross Levine, “Finance, Inequality and the Poor.”
Much work remains to be done, and help is needed. If you are interested you can:
Dr. Michael Turner
Asia-Pacific Credit Coalition
100 Europa Drive, Suite 403
Chapel Hill, NC 27517
Phone: +1 919 338 2798 ext. 802