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SINGAPORE PRESS-Moneylenders could face stricter rules by end-2015 - Straits Times
April 21, 2014 / 12:21 AM / 3 years ago

SINGAPORE PRESS-Moneylenders could face stricter rules by end-2015 - Straits Times

Licensed moneylenders face the prospects of tighter lending rules from late next year.

The authorities are looking to set up a Moneylenders Credit Bureau by then, which moneylenders must use to run compulsory credit checks on potential borrowers.

NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Singapore Newsroom; Editing by Anand Basu)

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