Microfinance and financial inclusion : the challenge of regulating alternative forms of finance

New frontiers and objectives of financial regulation -- Microcredit and microfinance : general characteristics -- Dimension I : microfinance as multi-facets creature : the legal enigma and different levels of regulation -- Dimension II : the social objective within the business structure and social effectiveness -- Dimension III : economic sustainability/effectiveness -- Dimension IV : microfinance as an alternative to traditional banking with "peculiar" instruments. the fundamental problem of regulating microfinance -- Dimension V : microfinance as an innovative chameleon : the ability to take advantage of new technologies -- Dimension VI : microfinance as a responsible activity: client protection without curtailing access -- Final conclusions.