{"id":1352,"date":"2015-07-02T11:39:19","date_gmt":"2015-07-02T11:39:19","guid":{"rendered":"http:\/\/progresomicrofinanzas.org\/?p=1352"},"modified":"2016-02-19T21:28:44","modified_gmt":"2016-02-19T21:28:44","slug":"bill-for-a-secured-transactions-act","status":"publish","type":"post","link":"https:\/\/www.fundacionmicrofinanzasbbva.org\/revistaprogreso\/en\/bill-for-a-secured-transactions-act\/","title":{"rendered":"Bill for a Secured Transactions Act"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-right\"><a href=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/revistaprogreso\/en\/wp-json\/wp\/v2\/posts\/1352?print=pdf\" class=\"pdfprnt-button pdfprnt-button-pdf\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/revistaprogreso\/wp-content\/plugins\/pdf-print\/images\/pdf.png\" alt=\"image_pdf\" title=\"View PDF\" \/><\/a><a href=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/revistaprogreso\/en\/wp-json\/wp\/v2\/posts\/1352?print=print\" class=\"pdfprnt-button pdfprnt-button-print\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/revistaprogreso\/wp-content\/plugins\/pdf-print\/images\/print.png\" alt=\"image_print\" title=\"Print Content\" \/><\/a><\/div><p>As part of the package of measures for economic recovery, the Executive has proposed this Bill with the aim of reducing costs in secured transactions\u00a0 by movable assets and extending the scope of such security, in order to facilitate access to credit.<\/p>\n<p>The main amendment proposals include: (i) creation of a Virtual Public Registry to replace the current Movable Property Contracts Registry; (ii) cost-free access to the Virtual Registry; (iii) immediate foreclosure of collateral without the need to inform the debtor through a notary public; and (iv) the possibility of performing legal acts relating to the collateral through e-mail notifications.<\/p>\n<p>This Bill is currently under review at Committee stage in the Congress of the Republic<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As part of the package of measures for economic recovery, the Executive has proposed this Bill with the aim of reducing costs in secured transactions\u00a0 by movable assets and extending the scope of such security, in order to facilitate access to credit. The main amendment proposals include: (i) creation of a Virtual Public Registry to [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":3828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"tags":[],"class_list":["post-1352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","numero-1-en","seccion-published-and-draft-legislation-microfinance","pais-peru-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bill for a Secured Transactions Act<\/title>\n<meta name=\"description\" content=\"The Executive has proposed this Bill with the aim of reducing costs in secured transactions by movable assets and extending the scope of such security\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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