Mali: Technical Note – Legal and Judicial Aspects of the Credit Environment

The World Bank | The World Bank

This note contains technical analysis and detailed information underpinning the Financial Sector Assessment Program (FSAP) assessment’s findings and recommendations. A country’s legal and judicial environment can help or hinder access to credit. In addition to the banking law governing the organization of the sector, the operations of credit institutions are subject to several laws. Four components of Malian business law are particularly relevant in assessing the position of creditors, the law on secured transactions, the law on collective proceedings, the law on information-sharing related to debtors (sometimes called the credit reporting law), and the law on collection and enforcement proceedings.

Categories:
Mali, Financial Infrastructure, Legal & Regulatory Environment, Credit Bureaus, Collateral Registries
Pages:
20
Year of publication:
31.12.2015
File size:
691775 bytes