MICROFINANCE LAW AND REGULATION
Financial inclusion means providing
sound and affordable financial services to the "unbanked”, those who do
not have access to the formal financial system. Financial inclusion is
more than an economic issue - it is a legal and regulatory reform
process. IDLO’s Micro Finance Law and Regulation activities contribute
to the removal of barriers to financial inclusion through innovative
legal constructions in order to afford the ”unbanked” an opportunity
for sound and affordable financial services.
Vision:
To empower jurists in developing
countries to take an active role in advocating for the improvement of
the financial services industry and the rights of their consumers.
Areas of interest:
Activities:
- Mapping
- IDLO has built a global regulatory database for financial inclusion.
- Technical
assistance - Due to IDLO’s international perspective and a
global network, the organization now offers regulatory impact
assessment studies and legal framework implementation consulting for
banking supervisory bodies.
- Financial
inclusion laboratory - IDLO finances six projects from its
alumni across the globe. These initiatives are pilots for innovative
legal solutions to financial inclusion issues.
- Research and
publications - IDLO uses the outcome mapping research
methodology and utilizes knowledge generation as a tool to convince,
inform, and eventually to influence the behavior of key microfinance
stakeholders.
- Training
- IDLO has significant experience in training legal professionals,
microfinance practitioners and law and policy makers on legal aspects
of financial inclusion.
- E-learning
– In order to increase its training outreach, IDLO continues to develop
and publish distance learning courses.
For more information about IDLO’s Microfinance program, contact
the
Microfinance Team