Thursday, 13 October 2011
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Singapore imposes tougher rules on moneylenders
Borneo Post Online, 14 Oct 2011
SINGAPORE: Singapore authorities have announced tighter rules for licensed moneylenders, banning advertisements in newspapers; Xinhua News quoted local media reports on Friday.
They will have to subscribe to a telephone land line approved by the Registry of Moneylenders, too, and use the number as their contact information instead of relying on mobile phone numbers, ..... The manager of each moneylending outlet must be approved by the registry, too. Full story
SINGAPORE: Singapore authorities have announced tighter rules for licensed moneylenders, banning advertisements in newspapers; Xinhua News quoted local media reports on Friday.
They will have to subscribe to a telephone land line approved by the Registry of Moneylenders, too, and use the number as their contact information instead of relying on mobile phone numbers, ..... The manager of each moneylending outlet must be approved by the registry, too. Full story
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