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

See all articles by Marek Dubovec

Marek Dubovec

University of Arizona - James E. Rogers College of Law

Cyprian Kambili

University of Malawi - Faculty of Law

Date Written: December 12, 2013

Abstract

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

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

Marek Dubovec (Contact Author)

University of Arizona - James E. Rogers College of Law ( email )

P.O. Box 210176
Tucson, AZ 85721-0176
United States

Cyprian Kambili

University of Malawi - Faculty of Law ( email )

Chancellor College
Faculty of Law
Zomba, 00003
Malawi

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