Policy Paper No.6: European Code of Good Conduct: Discussion Note

The note takes a critical view of the Code of Good Conduct structure and the challenges in the implementation of the Code in practice. Conceived as quasi-regulation effort to streamline the operational standards of microfinance institutions in the EU, the Code met with resistance on the part of the microfinance institutions in relation to certain clauses which may conflict with the local laws, or put the organization in an uncompetitive market position. http://mfc.org.pl/mfcwp/wp-content/uploads/2016/08/MFC-EMN-POLICY-NOTE-no-6-EUROPEAN-CODE-OF-GOOD-CONDUCT-DISCUSSION-NOTE.pdf