MICROCAPITAL BRIEF: South Africa Proposes “Twin Peaks” Financial Regulation System

At a conference in Cape Town, South Africa, hosted by the Alliance of Financial Inclusion (AFI), a nonprofit Thailand-based network of financial policymakers aimed at increasing access to financial services, South African Finance Minister Pravin Gordhan announced that his country is considering the implementation of a “Twin Peaks” regulation system in an effort to foster financial inclusion, strengthen consumer protection, combat financial crime, promote financial education efforts and increase the accessibility of financial services.

MICROFINANCE EVENT: Baker & McKenzie Hosts Discussion on Impact of Microfinance, New York, USA, October 30, 2012

Event Name: Microfinance: Measuring and Maximizing Impact

Event Date: October 30, 2012

Event Location: Baker & McKenzie LLP, 1114 Avenue of the Americas, 4th Floor, New York, USA

MICROFINANCE EVENT: CGAP, MicroSave Host Virtual Conference on “Client Insights: How Can Providers Listen and Learn from Their Clients”, October 30-31, 2012

Event Name: Client Insights: How Can Providers Listen and Learn from Their Clients?

Event Date: October 30-October 31, 2012

Event Location: Online

MICROCAPITAL BRIEF: Government Savings Bank of Thailand Expands Microfinance Services in Border Areas

Government Savings Bank (GSB), a government-owned bank providing personal and corporate services in Thailand, reportedly plans to offer new microfinance products and otherwise expand services in advance of the anticipated 2015 launch of the Association of South East Asian Nations (ASEAN) Economic Community (AEC).

MICROFINANCE EVENT: HBS-Accion Program on Strategic Leadership For Microfinance, Harvard Business School, Boston, Massachusetts, USA, April 1-April 6, 2013

Event Name: HBS-Accion Program on Strategic Leadership for Microfinance

Event Date: April 1 – April 6, 2013

Event Location: Harvard Business School, Cambridge, Massachusetts, USA

MICROCAPITAL BRIEF: International Finance Corporation (IFC) to Invest $18m in Equitas Microfinance India, Private Equity Funds Looking to Invest in Indian Microfinance Institutions

The International Finance Corporation, a member of the World Bank Group, reportedly has proposed investing INR 1 billion (USD 18.9 million) in Equitas Microfinance India, an Indian microfinance institution (MFI).

MICROCAPITAL BRIEF: Central Bank of Kenya May Give Microfinance Institutions Access to Credit Reference Bureau

The Kenya Bankers Association (KBA), which promotes the interests of its 43 member banks, and the Central Bank of Kenya (CBK) are reportedly working on possible regulation changes that would allow microfinance institutions (MFIs) to access customer data at the country’s Credit Reference Bureau.

MICROFINANCE EVENT: Opal Financial Group Offers Family Office and Private Wealth Management Forum West, California, USA, October 24-26, 2012

Event Name: Family Office and Private Wealth Management Forum West; Harvesting the Returns

Event Date: October 24-26, 2012

Event Location: Napa Valley Marriott Hotel and Spa, Napa Valley, California, USA

MICROFINANCE PUBLICATION ROUND-UP: Microfinance Microscope 2012; Impact of Financial Access in Bosnia and Herzegovina; Economic Opportunities and Financial Outcomes of Microfinance

Global Microscope on the Microfinance Business Environment 2012;” by the Economist Intelligence Unit; published by The Economist; 72 pages; available at: http://www5.iadb.org/mif/en-us/home/knowledge.aspx?idPublication=64206

MICROFINANCE PAPER-WRAP UP: “Emerging Perspectives on Youth Savings;” by Tanaya Kilara and Alexia Latortue; published by CGAP

By Tanaya Kilara and Alexia Latortue; published by CGAP (Consultative Group to Assist the Poor); July 2012; 10 pages; available at: http://www.cgap.org/sites/default/files/CGAP-Focus-Note-Emerging-Perspectives-on-Youth-Savings-Aug-2012.pdf

MICROCAPITAL BRIEF: At AFI Global Policy Forum, Bangladesh Bank Governor Endorses Financial Inclusion to Boost GDP

Governor Atiur Rahman of Bangladesh Bank, the central bank and industry regulator in Dhaka, has reportedly called for stakeholders in the global finance sector to adopt financial inclusion strategies as a means to enhance gross domestic product (GDP) amidst a weak financial environment [1].

MICROFINANCE EVENT: European Microfinance Network to Organize 9th Annual Conference on Building Sustainable Microfinance in Europe, November 8-9, 2012, Bucharest, Romania

Event Name: Building Sustainable Microfinance in Europe

Event Date: November 8-9, 2012

Event Location: Bucharest, Romania