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Many people face issues trying to get a loan from a government-authorized bank for various reasons. Approaching a private money lender Singapore might be the best solution in such a scenario.
The Hong Kong Companies Registry, which currently performs the role of Registrar of Money Lenders pursuant to the Money Lenders Ordinance (MLO), recently released a new Guideline on Fit and Proper Criteria for Licensing of Money Lenders and a Guideline on Submission of Business Plan by Applicant of a Money Lenders Licence, both of which take effect 1 April 2021.