Framework on Microfinance

leathermumpsimusΛογισμικό & κατασκευή λογ/κού

13 Δεκ 2013 (πριν από 3 χρόνια και 6 μήνες)

51 εμφανίσεις

1

Activities:



Grants



Borrowings



Deposits

Activities:



Loans



Lease financing



Deposits



Collateral interest

Impact of Legal and Regulatory
Framework on Microfinance

Donors, banks, and
general public

Small and

micro enterprises

Microfinance

institutions

2

Impact of Legal and Regulatory Framework on Microfinance

Donors, banks, and
general public

Small and micro
enterprises

Microfinance
institutions

Activities:


Grants


Borrowings


Deposits

Activities:


Loans


Leasing


Deposits


Collateral


Establishment procedures


Regulations on operations
as financial institutions


Accounting standards and
procedures


Tax laws and regulations


Securities law


Legal framework for
ownership and security
interests

3



Establishment Procedures:


Recognition as legal entity


Reporting requirements


Bankruptcy law and
procedures

Impact of Legal and Regulatory Framework on Microfinance

Donors, banks, and
general public

Small and micro
enterprises

Microfinance
institutions

Activities:


Grants


Borrowings


Deposits

Activities:


Loans


Leasing


Deposits


Collateral

4


Regulations on Operations as
Financial Institutions:


Doing banking business, making loans,
taking deposits
-

Licensing as bank or
specialized financial institution


Minimum capitalization, governance
and other barriers to entry


Risk
-
based prudential supervision


Reporting requirements


Participation in clearing and payment
systems


What regulatory policy
should recognize:


(i) Types of MFIs

in the continuum,
and
(ii) threshold levels of activities

that trigger need for regulation or
supervision

Impact of Legal and Regulatory Framework on Microfinance

Donors, banks, and
general public

Small and micro
enterprises

Microfinance
institutions

Activities:


Grants


Borrowings


Deposits

Activities:


Loans


Leasing


Deposits


Collateral

5



Accounting Standards and
Procedures:


Internal and MIS reports


External reports and audited
financial statements


Tax returns and reporting

Impact of Legal and Regulatory Framework on Microfinance

Donors, banks, and
general public

Small and micro
enterprises

Microfinance
institutions

Activities:


Grants


Borrowings


Deposits

Activities:


Loans


Leasing


Deposits


Collateral

6



Tax Laws and Regulations:


Provisioning expense and loan
write
-
offs


Leasing law
-

depreciation
expense and tax treatment


Cascading taxes on financial
transactions

Impact of Legal and Regulatory Framework on Microfinance

Donors, banks, and
general public

Small and micro
enterprises

Microfinance
institutions

Activities:


Grants


Borrowings


Deposits

Activities:


Loans


Leasing


Deposits


Collateral

7



Securities Law:


Blanket assignment of
receivables


Creation and issuance of
financial securities


Registration of security
issues

Impact of Legal and Regulatory Framework on Microfinance

Donors, banks, and
general public

Small and micro
enterprises

Microfinance
institutions

Activities:


Grants


Borrowings


Deposits

Activities:


Loans


Leasing


Deposits


Collateral

8



Legal Framework for
Ownership and Security
Interests:


Documentation and
registration of ownership
rights


Creation and enforcement of
security interests


Foreclosure laws

Impact of Legal and Regulatory Framework on Microfinance

Donors, banks, and
general public

Small and micro
enterprises

Microfinance
institutions

Activities:


Grants


Borrowings


Deposits

Activities:


Loans


Leasing


Deposits


Collateral

9

Impact of Legal and Regulatory Framework on Microfinance

COLLATERAL

Formats and

Instruments

Personal

Guarantee

Assignment

for

Security

Pledging or

Pawning

(perfected

security interest)

Chattel Mortgage

(attached

security interest)

of

Claims and

Rights

of

Movable

Property

of

Real

Property