Colombia Secured Transactions and Collateral Registries

completed

The project will focus the implementation of the secured transactions reforms in four main pillars: 1) Enacting a new secured transactions legal framework (law and regulations); 2) Developing a centralized electronic registry for security interests in movable property; 3) Providing training and capacity to public and private stakeholders on aspects related to the new secured transactions regime and to secured financing (through movable collateral); 4) Developing a communications strategy to actively accelerate the acceptance, enactment and sustain the implementation of the reform by changing behavior and mindsets in Colombia.