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
Enter the password to open this PDF file:
File name:
-
File size:
-
Title:
-
Author:
-
Subject:
-
Keywords:
-
Creation Date:
-
Modification Date:
-
Creator:
-
PDF Producer:
-
PDF Version:
-
Page Count:
-
Preparing document for printing…
0%
Σχόλια 0
Συνδεθείτε για να κοινοποιήσετε σχόλιο