Starting from 7 January 2024 all entrepreneurs involved in lombard lending business will b
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Starting from 7 January 2024 all entrepreneurs involved in lombard lending business will be required to register in the official lombard lending business register, which will be run by KNF. This aims to regulate lombard lending activities. The requirements to register are: – the business needs to be a limited liability company or an incorporated company – the initial capital of the business is ...