News & Analysis as of January 7, 2025

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HKMA Issues Cooling-off Period Requirements for Unsecured Consumer Credit Products

Mayer Brown on 11/14/2024

The Hong Kong Monetary Authority (HKMA) has further enhanced consumer protection by issuing a circular prescribing a 7-day cooling-off period for customers to reconsider credit products....more

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Financial Services Industry › Hong Kong Monetary Authority (HKMA) › Credit

HKMA Issues Cooling-off Period Requirements for Unsecured Consumer Credit Products

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