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Computers > Internet: General

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Cover FinTech Notes
Keeping Pace with Change: Fintech and the Evolution of Commercial Law
José Garrido
,
Ms. Yan Liu
,
Joseph Sommer
, and
Juan Sebastián Viancha
This note explores the interactions between new technologies with key areas of commercial law and potential legal changes to respond to new developments in technology and businesses. Inspired by the Bali Fintech Agenda, this note argues that country authorities need to closely examine the adequacy of their legal frameworks to accommodate the use of new technologies and implement necessary legal reform so as to reap the benefits of fintech while mitigating risks. Given the cross-border nature of new technologies, international cooperation among all relevant stakeholders is critical. The note is structured as follows: Section II describes the relations between technology, business, and law, Section III discusses the nature and functions of commercial law; Section IV provides a brief overview of developments in fintech; Section V examines the interaction between technology and commercial law; and Section VI concludes with a preliminary agenda for legal reform to accommodate the use of new technologies.
Keywords:
fintech, commercial law, technological innovations, distributed ledger technology, tokens, artificial intelligence, Internet of Things, automated conrtracting, smart contracts, registries, contract law, securities and negotiable instruments, company law, secured transactions, insolvency, digital technology; FINTECH note; B. contract law; evolution of commercial law; publication order; DLT network; Blockchain and DLT; Smart contracts; Technological innovation; Emerging technologies; Securities
Cover IMF Staff Country Reports
El Salvador: Technical Assistance Report-The Capacity Development National Accounts Statistics Mission
International Monetary Fund. Statistics Dept.
A technical Assistance (TA) Mission was conducted by CAPTAC-DR1 from May 14 to 18, 2018 with the objective of supporting the Central Reserve Bank of El Salvador (CBR) in its efforts to strengthen its national accounts statistics for decision making. The TA mission covered the following topics: compilation of an Input-Output Table (IOT) for 2014; as well as to follow up on the recommendations made in previous TA missions to disseminate Supply and Use Tables (SUT) for 2015 and thereafter, as part of the national accounts’ series with base year 2005. In addition, the mission provided training to the Department of National Accounts (DNA) team of the CBR in the methodological and conceptual aspects necessary for the analysis and application of the IOT as a statistical and analytical tool.
Keywords:
ISCR; CR; Input-Output Table; product; product-product IOT; information; import; SUT balance of payments; use table; IOT compilation work; SUT compilation method; SUT data; SUT balance information; Correspondent banking; Imports; Internet of Things; Consumption
Cover IMF Staff Country Reports
El Salvador: Technical Assistance Report-The Capacity Development National Accounts Statistics Mission
International Monetary Fund. Statistics Dept.
A technical Assistance (TA) Mission was conducted by CAPTAC-DR1 from May 14 to 18, 2018 with the objective of supporting the Central Reserve Bank of El Salvador (CBR) in its efforts to strengthen its national accounts statistics for decision making. The TA mission covered the following topics: compilation of an Input-Output Table (IOT) for 2014; as well as to follow up on the recommendations made in previous TA missions to disseminate Supply and Use Tables (SUT) for 2015 and thereafter, as part of the national accounts’ series with base year 2005. In addition, the mission provided training to the Department of National Accounts (DNA) team of the CBR in the methodological and conceptual aspects necessary for the analysis and application of the IOT as a statistical and analytical tool.
Keywords:
ISCR; CR; Input-Output Table; product; product-product IOT; information; import