24 March 2014

Unlocking Collateral and Credit with Secured Transactions Reform

Peter Dirou delivered this presentation to the 12th Pacific Islands Financial Inclusion Working Group meeting in Nadi, Fiji on March 2014. Peter leads the “Finasncing Growth” focus area within PSDI. The presentation provided an overview of what is involved in secured transactions reform and why Pacific Island countries will benefit from the reform. It drew attention to some implementation factors that are critical to the success of the reform, and made the link with the financial inclusion agenda. The key message was that the reforms are working, but more can be done to unlock the power of collateral to increase credit in the interests of Pacific populations.