SECP Removes 120 illegal loan apps from Google Play and App Store

SECP Removes 120 illegal loan apps from Google Play and App Store

SECP, Google, Apple, and PTA collaborate to remove 120 illegal loan apps from app stores. Action was taken to prevent the public from falling into risky loan schemes. SECP strengthens regulations for licensed NBFCs and takes measures to shut down illicit apps. The Securities and Exchange Commission of Pakistan (SECP), in partnership with Google, Apple, and the Pakistan Telecommunication Authority

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