PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

604004

Primary Business Area

Financial Institutions Group

Disclosure Date

Oct 20, 2020

Country

St. Lucia

Region

Latin America and the Caribbean

IFC Approval Date

Nov 27, 2019

Status

Active

Estimated Total Budget

$365,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Feb 4, 2023

Project Estimated Start Date

Oct 28, 2019

Project Estimated End Date

Dec 31, 2021

Project Description

The St Lucia Collateral Registry project will provide technical assistance to Government of St Lucia to build an online electronic collateral registry, and to build local capacity for the new system. The project has 3 main aspects: (a) The project will advise/support the client in Registry design based on existing international best practices for secured transactions registries, emerging technological options, and diagnostic studies. (b) Design of a monitoring & evaluation framework that serves data needs and policy applications, informed by international best practice and findings from the baseline survey. (c) Training and capacity building for registry staff, support in installation, testing and start-up of the registry system as required and in coordination with the software provider.

Development Results

E&S Risks / Impacts and Mitigation