MF Transparency’s recent blog post on Regulation in Microfinance highlights some important issues around transparent pricing in the industry:
“What are the next steps required for regulators to adopt…best practices [in pricing transparency]? What are the political obstacles and how can advocates for the microfinance industry help overcome them? Are there organizations that have a vested interest in not fully disclosing a transparent price – if so, how can policymakers attempt to motivate these organizations to encourage compliance with new laws? “
Read the full post from Ms. Azish Filabi, Ethics Officer and Assistant Vice President in the Legal Group of the Federal Reserve Bank of New York (FRBNY), on the MF Transparency blog.