Projects

Strengthening Corporate and Financial Governance Reforms Project TA No. 33182-01

01.05.2003 - 31.03.2004

Tajikistan

Overall project value (EUR)	450000 USD
No. of staff provided	6
Name of Client	DFC SA Spain
Financing agency	Asian Development Bank (ADB)
Name of partners	DFC (Spain)
Detailed Narrative Description of Project	The goal of the TA was to strengthen CFG in Tajikistan. The purpose was to (i) strengthen the legal and regulatory framework with regard to CFG in commercial banks; (ii) support corporate sector development; (iii) enhance institutional capacity to undertake enterprise restructuring initiatives; and (iv) formulate reform directions to guide the Government in the areas of (i)-(iii). The outputs included (i) revised legal and regulatory provisions on CFG in commercial banks, CFG assessments, and recommendations to strengthen supervisory capacity in this area; (ii) training modules on corporate management; (iii) a developmental and regulatory framework for the securities market; and (iv) capacity building initiatives on bankruptcy and enterprise restructuring aimed at enhancing the capacity of lawyers, judges, court officials, and special administrators.
Detailed Narrative Description of Services provided	• Revised legal and regulatory provisions on CFG in commercial banks, CFG assessments, and recommendations to strengthen supervisory capacity in this area; • Developed training modules on corporate management; • Developmental and regulatory framework for the securities market; • Capacity-building initiatives on bankruptcy and enterprise restructuring aimed at enhancing the capacity of lawyers, judges, court officials, and special administrators.