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Third Policy Forum (6-8 April 2006)


The Krakow III Policy Forum on Law and Regulation Governing Microfinance was a unique gathering of high level policy makers that took place in Warsaw, Poland, April 6-8, 2006. The event was organized by MFC in partnership with USAID, CGAP and ICCO.

The Forum brought together 34 top-ranking public officials from 9 NIS countries - Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, and Uzbekistan as well as small number of donor representatives and experts involved in microfinance and financial sector policy work. The event gathered 17 speakers and commentators from 8 countries.The forum included plenary presentations, seminars as well as receptions to welcome the partcipants and facilitate networking. The discussions during the Krakow III Policy Forum were organized around the following four issues of significant importance to the development of the microfinance sector in the region and globally:

1)policy reform measures that have the potential to increase significantly the provision of financial services to the lower income population and to microenterprises - the issue contained two topics: branchless banking and credit bureaus

2)measures that might inadvertently constrain access to financial services for these clients, including measures aimed at combating money laundering and the financing of terrorism and interest rate caps

3)financial cooperatives - the potential risks of over-regulation and of under-regulation, and strategies to strike a sensible balance

4)issues to consider regarding government-sponsor guarantee funds established to support microfinance

Please find the event's agenda, presentations and speeches made by the policymakers and experts. You can also dowload pictures from the Policy Forum. Soon we will post the Final Report from the event on our website.