SME Loans
Applicability The Central Bank (Supervision and Enforcement) Act 2013 (Section 48) (Lending to Small and Medium-Sized Enterprises) Regulations 2015 (the “SME Regulations”), which took effect on 1st July 2016, apply to a regulated financial services provider (in this context a bank or retail credit firm) when it provides credit to small/ micro and medium sized enterprises. The legislation replaces and expands the Code of […]