Reading Time: 5 minutesWhat are the aims of the Moneylenders (Amendment) Bill 2018? The Moneylenders (Amendment) Bill 2018 which was passed in Parliament on 8 January 2018 (“the Bill”) has a three-pronged aim: to provide borrowers with better protection; to strengthen the regulation of moneylenders; and to professionalise the moneylending industry. The legislative amendments to the Moneylenders Act […]
Ong Chin Ngee
1 Articles0 CommentsChin Ngee is a writer at Asia Law Network. She deeply enjoys reading and writing, and hopes to make the law more understandable to the general public.