Financial Cooperatives : Issues in Regulation, Supervision, and Institutional Strengthening

Financial Cooperatives (FCs) are important providers of financial services to poor and middle-income people, and significant drivers of financial inclusion. Aside from their strong presence and relevance in developed economies, especially Europe an...

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Main Authors:	Cuevas, Carlos E., Buchenau, Juan
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2018
Subjects:	COOPERATIVES FINANCIAL REGULATION CAPACITY BUILDING AGRICULTURAL COOPERATIVE CREDIT UNIONS FINANCIAL COOPERATIVE
Online Access:	http://documents.worldbank.org/curated/en/156561539766530807/Financial-Cooperatives-Issues-in-Regulation-Supervision-and-Institutional-Strengthening http://hdl.handle.net/10986/30916

id	okr-10986-30916
recordtype	oai_dc
spelling	okr-10986-309162021-05-25T09:55:14Z Financial Cooperatives : Issues in Regulation, Supervision, and Institutional Strengthening Cuevas, Carlos E. Buchenau, Juan COOPERATIVES FINANCIAL REGULATION CAPACITY BUILDING AGRICULTURAL COOPERATIVE CREDIT UNIONS FINANCIAL COOPERATIVE Financial Cooperatives (FCs) are important providers of financial services to poor and middle-income people, and significant drivers of financial inclusion. Aside from their strong presence and relevance in developed economies, especially Europe and North America, the significance of financial cooperatives in terms of financial inclusion in the developing world cannot be underestimated. Their pervasive presence in rural areas, and their potential to expand financial inclusion with multiple services to under-served segments make enabling the sustainable functioning of FCs a sensible policy objective. This paper reviews current knowledge about, and recent examples of FC development practice that generate lessons deemed valuable and useable in diverse contexts. The review provides background for an informed discussion around the following propositions: 1) Legal and regulatory frameworks for FCs adapted to the organizational nature and institutional structure of local FC entities; 2) Adequate legal and regulatory frameworks including appropriate safety nets following the development of the local FC market segment; and 3) Integrated approaches that combine legal and regulatory reforms with support to the institutional strengthening of the FC sector. 2018-11-28T20:23:01Z 2018-11-28T20:23:01Z 2018-10-16 Report http://documents.worldbank.org/curated/en/156561539766530807/Financial-Cooperatives-Issues-in-Regulation-Supervision-and-Institutional-Strengthening http://hdl.handle.net/10986/30916 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper West Africa Albania Colombia Guatemala India Kenya Mexico Philippines Rwanda
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	COOPERATIVES FINANCIAL REGULATION CAPACITY BUILDING AGRICULTURAL COOPERATIVE CREDIT UNIONS FINANCIAL COOPERATIVE
spellingShingle	COOPERATIVES FINANCIAL REGULATION CAPACITY BUILDING AGRICULTURAL COOPERATIVE CREDIT UNIONS FINANCIAL COOPERATIVE Cuevas, Carlos E. Buchenau, Juan Financial Cooperatives : Issues in Regulation, Supervision, and Institutional Strengthening
geographic_facet	West Africa Albania Colombia Guatemala India Kenya Mexico Philippines Rwanda
description	Financial Cooperatives (FCs) are important providers of financial services to poor and middle-income people, and significant drivers of financial inclusion. Aside from their strong presence and relevance in developed economies, especially Europe and North America, the significance of financial cooperatives in terms of financial inclusion in the developing world cannot be underestimated. Their pervasive presence in rural areas, and their potential to expand financial inclusion with multiple services to under-served segments make enabling the sustainable functioning of FCs a sensible policy objective. This paper reviews current knowledge about, and recent examples of FC development practice that generate lessons deemed valuable and useable in diverse contexts. The review provides background for an informed discussion around the following propositions: 1) Legal and regulatory frameworks for FCs adapted to the organizational nature and institutional structure of local FC entities; 2) Adequate legal and regulatory frameworks including appropriate safety nets following the development of the local FC market segment; and 3) Integrated approaches that combine legal and regulatory reforms with support to the institutional strengthening of the FC sector.
format	Report
author	Cuevas, Carlos E. Buchenau, Juan
author_facet	Cuevas, Carlos E. Buchenau, Juan
author_sort	Cuevas, Carlos E.
title	Financial Cooperatives : Issues in Regulation, Supervision, and Institutional Strengthening
title_short	Financial Cooperatives : Issues in Regulation, Supervision, and Institutional Strengthening
title_full	Financial Cooperatives : Issues in Regulation, Supervision, and Institutional Strengthening
title_fullStr	Financial Cooperatives : Issues in Regulation, Supervision, and Institutional Strengthening
title_full_unstemmed	Financial Cooperatives : Issues in Regulation, Supervision, and Institutional Strengthening
title_sort	financial cooperatives : issues in regulation, supervision, and institutional strengthening
publisher	World Bank, Washington, DC
publishDate	2018
url	http://documents.worldbank.org/curated/en/156561539766530807/Financial-Cooperatives-Issues-in-Regulation-Supervision-and-Institutional-Strengthening http://hdl.handle.net/10986/30916
_version_	1764473077081571328

Financial Cooperatives : Issues in Regulation, Supervision, and Institutional Strengthening

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