European Bank for Reconstruction and Development (EBRD)

EBRD principles and guidance
 

The EBRD Core Principles of an Effective Insolvency System – available in English and Russian - aim to contribute to the further development and harmonisation of countries’ insolvency legislation by clearly articulating the general objectives of any commercial insolvency law reform, which may be adapted to the specific national context. These were updated in 2020 to reflect significant developments in insolvency practice.

The EBRD Insolvency Office Holder Principles – available in English and Russian - complement the EBRD Core Principles and highlight the main elements that should be considered by policymakers for the development of the insolvency office holder profession to support better implementation of insolvency frameworks.

More broadly, these principles seek to advance the integrity, fairness and efficiency of the insolvency law system by ensuring that appropriately qualified and regulated professionals take insolvency appointments. First published in June 2007, the EBRD Insolvency Office Holder Principles were revised in 2021 to take into account recent developments and to incorporate findings from both the EBRD assessment of the insolvency office holder profession and recent EBRD country projects.

The Legal Transition Team of the EBRD welcomed INSOL Europe support and partnership in 2020 & 2021 which helped them to secure a very high level of response in European jurisdictions.


INSOL Europe Coffee Breaks: Connecting Minds in partnershop with the EBRD

Our INSOL Europe Coffee Breaks: Connecting Minds series continues with our popular video conversation format established in 2020. The INSOL Europe Country Coordinators  share their experiences with representatives from their local associations and/or other stakeholders, highlighting reforms such as the implementation of the EU Directive on Restructuring and Insolvency in the concerned jurisdictions, challenges of the national insolvency framework to address the current crisis and other key issues in their jurisdiction. If you would like to be informed of future Coffee Breaks, please use the form on our Contact Us page.

Coffee Breaks: Connecting Minds 2022 & 2023 are brought to you in partnership with the European Bank for Reconstruction and Development (EBRD) and its Legal Transition Programme (LTP). The LTP is the EBRD’s initiative to contribute to the improvement of the investment climate in the Bank’s countries of operations by helping create an investor-friendly, transparent and predictable legal environment. This objective is implemented by the Legal Transition Team, a dedicated team of specialised lawyers working across the 38 economies where the EBRD invests.

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