CBSL and Finance Ministry to draft new law to regulate money lending

Colombo (News 1st): The Central Bank with the Ministry of Finance has taken action to draft a law for licensing, regulation and supervision of institutions that lend money to the public and protection of customers. The said law is currently in the drafting process and is expected to be enacted in the near future. Issuing […]

CBSL and Finance Ministry to draft new law to regulate money lending

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