Promoting Governance in Financial Transactions, Lao PDR

CLIENT

Asian Development Bank (ADB)

Years active: 2006 – 2007

This technical assistance project aimed to strengthen the formal and informal mechanisms for commercial dispute resolution to ensure predictable, transparent, and speedy resolution was supported, where needed, by effectively enforced court judgments.

The expected impact was higher confidence in the legal system of the Lao PDR, improving governance and potential for economic growth. The expected outcome was strengthened formal and informal mechanisms for dispute resolution on defaulting commercial/financial transactions to assist the Lao PDR in the implementation of a secured transactions regime.

Scope Global was responsible for:

  • Mobilising and supporting a team of six international specialists with expertise in governance and judicial training, secured transactions, mediation and arbitration, enforcement, secured transactions registry and nonperforming loan resolutions
  • Finalising course and training design and materials
  • Delivering all training and capacity building activities
  • Financial management
  • Reporting to the requirements of the ADB, which included establishing an in-country steering committee and providing logistical support and liaison with the Government of Lao PDR and with ADB.