Sustainable financial sector solutions at the nexus of law and economics
FMI is an international law and economics consulting firm that specializes in helping emerging market countries to achieve economic growth and development through a reliance on market mechanisms, application of international best practices, and legal and regulatory reform. FMI has been at the forefront of emerging market development since 1992 – and has implemented over $200 million in technical assistance programs for international donors and governments. By design, FMI is a small, highly-specialized firm with one mission: to deliver innovative and sustainable solutions to complex financial sector challenges.
FMI was founded in response to the collapse of authoritarian governments in the Soviet Union and Eastern Bloc. FMI initially served only private sector clients, including major banks and exchanges. Over time, FMI commenced assisting USAID, the World Bank, EBRD, and other multilaterals, focusing at first on the development of capital markets, securities and commodity exchanges, and non-bank financial institutions. Today, FMI works across six core practice areas: Capital Markets, Mobilizing Capital, Financial Inclusion, Private Sector Engagement, Transparency and Public Accountability, and Legal and Regulatory Reform.
FMI has worked around the globe for international donor agencies, governments, and private commercial clients, encompassing over 100 prime contracts in more than 40 countries. FMI’s current and recently completed donor-funded projects include:
- USAID/Bosnia-Herzegovina Financial Reform Agenda Activity (FINRA)
- USAID/Bosnia-Herzegovina Diaspora Invest
- USAID/Indonesia YouthWin Through Economic Participation (YEP)
- USAID CAPx (Capital Impact Exchange) Activity (Major Subcontractor)
- EBRD Kyrgyz Republic FX Derivatives Readiness Program
- USAID/Kosovo EMPOWER Credit Support
- USAID/Ukraine Financial Sector Development Project (FINREP-II)
FMI is staffed with seasoned U.S.-based and international professionals, who bring decades of practical experience in financial sector development and emerging market growth. FMI’s attorneys, economists, social and political scientists, and financial markets specialists have extensive experience in economic reform efforts, capital market development, blended finance, training and education, and legal and regulatory strengthening. FMI’s senior home-office personnel all hold advanced degrees in law, economics, business, political science, and related disciplines. Many FMI professionals have served as senior officers for the world’s largest securities and commodity futures exchanges, banks, financial corporations, and pension funds, or were formerly regulators at the U.S. Securities and Exchange Commission, the Commodity Futures Trading Commission, the Federal Reserve Board, and U.S. Department of the Treasury.