Armenia to Benefit from Secured Transactions Reform

17:14, April 3, 2015

On April 03, the USAID Finance for Economic Development (FED) project in partnership with the Ministry of Justice of Armenia, the World Bank, the Central Bank of Armenia, and the Unions of Banks and Credit Organizations of Armenia, held a conference on secured transaction reform and on the implementation of a unified movable collateral electronic registry in Armenia.  The main goal of the event was to increase public awareness of the reform and facilitate a dialogue between relevant stakeholders.  Following the opening remarks, experts of the USAID FED program, the World Bank, the Ministry of Justice, and the Central Bank presented the concept of secured transactions and movable collateral registries, the international practice, the importance of this reform in Armenia, and related legislation.  Read more... (373 words)

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