IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/14776_14.html
   My bibliography  Save this book chapter

Reforming an established secured transactions legal system: Why and how Morocco is approaching the challenge

In: Research Handbook on Secured Financing in Commercial Transactions

Author

Listed:
  • Mustapha Mourahib
  • Ouns Lemseffer

Abstract

As part of its many reforms of its banking and financial sector, the Kingdom of Morocco has decided to launch an in-depth reform of the secured transactions legal framework (droit des sûretés mobilières). This reform has two main objectives. First, the reform addresses a national need: it is intended to improve access to credit for Moroccan enterprises and, in particular, the small and medium enterprises which are a vital component of the Moroccan economy. Second, the reform falls within a national strategy to attract international businesses and to make Morocco a regional and international financial hub. The chapter examines the context and importance of the secured transactions reform and the key elements of such reform and how they can serve as a model for jurisdictions that share the legal tradition of Moroccan law and would also want to reform what is a cornerstone of any financial sector.

Suggested Citation

  • Mustapha Mourahib & Ouns Lemseffer, 2015. "Reforming an established secured transactions legal system: Why and how Morocco is approaching the challenge," Chapters, in: Frederique Dahan (ed.), Research Handbook on Secured Financing in Commercial Transactions, chapter 14, pages 374-402, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14776_14
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781781001837.00024.xml
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:14776_14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.