Kazakhstan to Tighten Regulations for Debt Collectors and Pawnshops Amidst Rising Complaints
Kazakhstan plans to toughen requirements for debt collection agencies and pawnshops due to a rise in consumer complaints. The financial regulator noted unfair practices by some collectors and an increase in loans from pawnshops as consumers shift from PDL companies. Stricter rules on loan conditions and consumer protection are being prepared for both sectors.
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