StudyPath

MED 211 Microfinance Laws and Regulations

ND2 levelManagement & Administration11 topics

MED 211 covers 11 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Stakeholders in the microfinance industry
  2. Roles of CAC, CBN and NDIC
  3. Registration of microfinance institutions
  4. Licensing stages and minimum capital requirements
  5. Relevant microfinance legislation
  6. AML/CFT, EFCC Act and National Microfinance Development Strategy
  7. Microfinance banks vs deposit money banks
  8. Prudential guidelines in microfinance
  9. Capital adequacy, reserves and liquidity requirements
  10. Risk concentration, insider lending and ownership concentration
  11. Sanctions and corrective actions

A sample from this course

One topic, as StudyPath teaches it.

Stakeholders in the microfinance industry

Stakeholders in the microfinance industry are the parties whose interests are affected by the operations of microfinance institutions (MFIs). Understanding who they are, how they influence regulatory frameworks, and their rights and responsibilities is essential for exam success because the NUC/CCMAS syllabus places emphasis on the regulatory environment and stakeholder accountability.

What you get for MED 211