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HOCK LOCK SIEW

A 'credit bureau' for p2p sites may prompt better disclosure to investors

THERE are governance lessons for the nascent peer-to-peer (p2p) loan marketplace that can be taken from recent rules imposed on both credit-card issuance and moneylending in Singapore. This comes amid the latest kerfuffle over some S$600,000 in p2p loans that have likely gone sour after payments

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