Hong Kong's Financial Services and the Treasury Bureau has launched a public consultation on proposals to enhance the regulation of licensed money lenders, with a focus on curbing excessive borrowing and promoting more responsible lending behaviour. The consultation closes on 22 August 2025. The proposed package includes enhanced regulation of unsecured personal loans, stronger protection for loan referees, optimised affordability assessments for borrowers of unsecured personal loans, a strengthened complaint-handling process, stepped-up publicity and education, and broader enhancements to the money lenders regulatory regime. The bureau will consider feedback received when finalising the proposals.
Financial Services and the Treasury Bureau (Hong Kong) 2025-06-23
Hong Kong's Financial Services and the Treasury Bureau launches consultation on strengthening regulation of licensed money lenders
Hong Kong's Financial Services and the Treasury Bureau is consulting on proposals to enhance regulation of licensed money lenders, aiming to curb excessive borrowing and promote responsible lending. Key measures include stricter regulation of unsecured personal loans, improved protection for loan referees, and optimised affordability assessments. Feedback will be considered in finalising the proposals.