How is microfinance being regulated in Latin America?
- Verónica Trujillo-Tejada
- Victoria Muriel-Patino
- Fernando Rodríguez-López
ISSN: 1755-1978
Any de publicació: 2015
Volum: 26
Número: 4
Pàgines: 343-357
Tipus: Article
Altres publicacions en: Enterprise development & microfinance
Resum
Microfinance regulation is a complex and constantly evolving topic, comprising many and very diverse issues which, moreover, are treated differently by legal systems. This paper suggests a novel comprehensive analysis structure that may serve as a benchmark to analyse different regulation frameworks for microfinance, based on the international guidelines provided by the Association of Supervisors of Banks of the Americas, the Basel Committee for Banking Supervision, and the Consultative Group to Assist the Poor. This structure is then used to compare and relate the regulations of 17 Latin American and Caribbean countries.