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New financial marketing rules set to take effect on September 30
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Summary
New financial marketing rules are due to take effect on September 30. According to the information provided, around 80% of loan intermediary companies have suspended operations or gone on leave, while people working in assisted lending may be facing a career change.
Details
New financial marketing rules are due to take effect on September 30, according to the information provided. The changes are expected to affect the work of intermediaries involved in arranging loans.
Against this backdrop, around 80% of companies in the sector have suspended operations or gone on leave. The information describes the situation as a collective “disappearance” of loan intermediaries, without specifying the exact number of companies affected.
The changes have raised questions about the future of people working in loan assistance. According to the source information, some of them may be waiting to switch careers.
The available information does not provide further details about the specific requirements of the new rules or explain exactly how the work of loan intermediaries will change after September 30.
NEXORA AI — Why it matters
The new rules could significantly affect the operations of loan intermediary companies and the employment prospects of people working in the sector.
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