Legal risks are related to non-compliance with laws and regulations, or errors with legal implications. For example, contracts that contain errors can cause an MFI considerable losses.
Legal risks can be reduced through a competent legal department or legal advisor who has to be involved in all contract and compliance issues.
Lheon Risk Management in Microfinance Bank eLearning
We at Lheon Consulting thrive to provide our users the very best of Microfinance resources. The most feature rich and complete tools for career advancement. Learn more
Legal Risk
Legal risks are related to non-compliance with laws and regulations, or errors with legal implications. For example, contracts that contain errors can cause an MFI considerable losses.
Legal risks can be reduced through a competent legal department or legal advisor who has to be involved in all contract and compliance issues.
-
Add a note