Expression of Interest for Econsult: The Use Of Alternative Data In Credit Risk Assessment Of Msmes: The Opportunities, Challenges, And Risks

Econsult: The Use Of Alternative Data In Credit Risk Assessment Of Msmes: The Opportunities, Challenges, And Risks This Terms Of Reference Relates To The Procurement Of A Specialist Consultant To Assist The Iccr (The Client) To Produce A Global Landscape Study That Assess The Use Of Alternative Data In Credit Risk Assessment, The Key Opportunities, Challenges, And Risks And Put Forward Recommendations On How Alternative Data Can Be Mainstreamed In A Responsible Manner. The International Committee On Credit Reporting (Iccr) Is Responsible For Drafting And Implementing Credit Reporting Standards. The Committee Started As A Taskforce That Was Convened By The World Bank In 2007. The Iccr Is Chaired By The World Bank, Who Also Hosts The Secretariat. The Main Objectives Of The Iccr Are To Develop And Foster The Adoption Of Credit Reporting Standards And Best Practices That Promote Financial Inclusion And Financial Stability. The Committee Has Produced The General Principles For Credit Reporting (Gpcr) And Several Guidance Publications Which Have Been Adopted As Standards For Credit Reporting