Steel, William F.2012-08-132012-08-132004-10https://hdl.handle.net/10986/9681This article identifies key issues and lessons about how the overall regulatory framework affects the ability of microfinance institutions (MFIs) to become more market-oriented and integrated with the financial system. It is based on a review undertaken by the World Bank of microfinance regulation in Benin, Ghana and Tanzania to better inform advice and project design regarding the appropriate balance between the objectives of promotion, performance, and prudential supervision.CC BY 3.0 IGOAUDITSBANK SUPERVISIONBORROWINGCAPITAL REQUIREMENTCENTRAL BANK SUPERVISIONCENTRAL BANKSCOLLATERALCOMMERCIAL BANKSCOMMERCIALIZATIONCOMMUNITY BANKSCOMPANYCONTRACT ENFORCEMENTCREDIT COOPERATIVESCREDIT UNIONSDEPOSITSEXPANSIONFINANCIAL AUTHORITIESFINANCIAL COOPERATIVESFINANCIAL INTERMEDIARIESFINANCIAL MARKETSFINANCIAL POLICYFINANCIAL REGULATORY SYSTEMSFINANCIAL SECTORFINANCIAL SERVICESFINANCIAL STATEMENTSFINANCIAL SYSTEMFINANCIAL TRANSACTIONSINCOMEINTEREST RATEINTEREST RATE INFORMATIONLAWSLEGISLATIONLEVERAGELICENSINGLIQUIDITYMICROCREDITMICROENTERPRISESMICROFINANCEMICROFINANCE INSTITUTIONSMICROFINANCE METHODOLOGIESMICROFINANCE REGULATIONMICROFINANCE SECTORNONBANK FINANCIAL INSTITUTIONSNONGOVERNMENTAL ORGANIZATIONSOUTREACHPRUDENTIAL REGULATIONSPRUDENTIAL REQUIREMENTSPRUDENTIAL SUPERVISIONPUBLIC DEPOSITSPUBLIC SAVINGSREGULATORY FRAMEWORKRURAL BANKSSAVINGSSAVINGS DEPOSITSSECURITIESSMALL ENTERPRISESSUPERVISORY AGENCIESSUPERVISORY AUTHORITIESSUSTAINABILITYTAXATIONWorld Bank10.1596/9681