Regulatory Alerts2025-10-31
Consumer Credit Bill (CCB) Draft October 2025
The regulatory authority issued the Consumer Credit Bill (CCB) Draft to establish a unified licensing and compliance framework for credit providers. The legislation mandates transparent fee disclosures, standardized risk assessments, and enhanced borrower protection mechanisms across all lending operations. Financial institutions must update their operational protocols to meet these requirements by the designated implementation date to retain market authorization.
Share