Using the Uncitral Legislative Guide as a Tool for a Secured Transactions Reform in Sub-Saharan Africa: The Case of Malawi
24 Pages Posted: 26 Dec 2013
Date Written: December 12, 2013
The purpose of this article is to introduce the reader to the on-going reform of the secured transactions framework in Malawi that seeks to increase access to credit, particularly for small and medium-sized businesses (SMEs). Malawi may become the first jurisdiction in Africa to have a modern and efficient legal framework in place for security interests in personal property. The legal reform culminated in the adoption of the Personal Property Security Act in July 2013.
Keywords: secured transactions, security interest, UNCITRAL Legislative Guide, financing statement, creditor
Suggested Citation: Suggested Citation
Dubovec, Marek and Kambili, Cyprian, Using the Uncitral Legislative Guide as a Tool for a Secured Transactions Reform in Sub-Saharan Africa: The Case of Malawi (December 12, 2013). Available at SSRN: https://ssrn.com/abstract=2371695 or http://dx.doi.org/10.2139/ssrn.2371695
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