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microloans

News about microloans: events, facts and developments on tafs uz.

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Loan and microloan advertising in Uzbekistan must now include a risk warning

Starting November 10, amendments have been made to the Advertising Law: advertising of loans and microloans must warn that failure to fulfill debt obligations may lead to financial risks. The warning must occupy at least 10% of the advertising space or airtime. The Senate approved the law back on August 7. At the same time, an online advertising monitoring system using artificial intelligence is being prepared.

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