Dr. Turner attended the virtual drafting session of the Asia-Pacific Financial Forum’s 2020 Progress Report, and spoke about credit information sharing efforts in Hong Kong and the Philippines. Our latest report on Hong Kong can be accessed here. The Progress Report will be finalized this month for the APEC Finance Ministers and made available for […]
PERC Report Recommends Updates to Hong Kong’s Credit Information Regulatory Framework
A new report from the Asia-Pacific Credit Coalition (APCC) and the Policy and Economic Research Council (PERC) on the Hong Kong credit information sharing market recommends regulations be updated to facilitate financial inclusion and competition. The report, titled “Credit Information Sharing in Hong Kong,” reviews the market dynamics in Hong Kong, including data gaps, the […]
PERC Report Finds COVID-19 Data Suppression/Deletion Measures Likely to be More Harmful than Helpful
A new report released last week by the Policy & Economic Research Council (PERC) found that data suppression/deletion measures put forward in some proposed legislation addressing the economic fallout of COVID-19 was more likely to harm borrowers than to help them. The report, titled “Addition is Better than Subtraction: The Risks from Data Suppression and […]