New Microfinance Bill Regulates, But Doesn't Protect Enough

The Microfinance and Credit Regulatory Authority (MCRA) Bill 2025, is legislation which introduces a consolidated regulatory framework to govern Sri Lanka’s microfinance and moneylending sectors. By repealing the Microfinance Act No. 6 of 2016, the Bill establishes a more empowered statutory authority with expanded supervisory, licensing, and enforcement capabilities. Arutha’s latest brief analyses the latest Bill and whether it does enough to protect the most vulnerable.

Published by: Arutha

Written by: Lughadarini Yogaraja

Edited by: Rehana Thowfeek, Amalini de Sayrah, and Yolani Fernando

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_Arutha in Brief Vol 2 Issue i.pdf

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