World Bank to host Responsible Finance Forum 2012
Microfinance Focus, March 21, 2012: International finance Corporation (IFC) in coordination with Federal Ministry for Economic Cooperation and Development (BMZ), Consultative Group to Assist the Poor(CGAP), Netherlands Ministry of Foreign Affairs, United Nations Principles for Responsible Investment(UNPRI) and UN Secretary General’s Special Advocate(UNSGSA) for Financial Inclusion will be the hosting the Third Annual Responsible Finance Forum at the World Bank Group on April 23, 2012 at Washington D.C.
This forum focuses on global progress and achievements and also aims to give look at deepening the business for implementing responsible finance.
The Forum will focus on actions to implement responsible finance practices that will help in exploring self-regulatory standards which helps in client security, and financial education.
Financial institutions and partners in the field are expected to share their experiences concerning challenges and solutions in implementing the responsible financial principles emerging globally.
The Forum will create a road map for collective and institutional action in the financial sector, including the role of international community through a community of practice in responsible finance to shape up the agenda and within the broader G20 agenda.

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Self regulation is important for micro finance institution for protecting the MFIs, clients and staff members during disaster.As Bangladesh is a disaster prone country and land of micro finance, an initiatives has taken to formulate self regulation guidelines fr MFIs for disaster management.

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