KUALA LUMPUR (Sept 5): The Consumer Credit Act 2025 (RUUKP) is expected to be gazetted by the end of this year, providing more comprehensive protection for consumers through the regulation of excessive charges and the enforcement of ethical debt collection practices.

At the same time, it will establish a consistent regulatory framework for players in the credit industry, thereby strengthening confidence in the country’s financial system, the Ministry of Finance (MOF) said in a statement on Friday.

RUUKP was passed in the Dewan Negara on Thursday, enhancing regulation of the consumer credit industry and safeguarding the public against unfair, non-transparent and oppressive practices.

https://theedgemalaysia.com/node/769472