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THE SUPREME COURT OF APPEAL OF SOUTH AFRICA JUDGMENTReportable Case no: 707/2022 In the matter between: THE NATIONAL CREDIT REGULATORAPPELLANTand NATIONAL CONSUMER TRIBUNALFIRST RESPONDENTELAVATION
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The National Credit Regulator V (NCR V) refers to the specific report or filing requirements mandated by the National Credit Regulator in certain jurisdictions, aimed at ensuring compliance with credit regulations and monitoring credit activities.
Entities involved in credit providing activities, such as lenders, financial institutions, and credit providers, are typically required to file the National Credit Regulator V.
Filling out the National Credit Regulator V involves gathering the necessary financial data, customer information, and compliance details, and entering this information into the prescribed electronic or paper form as specified by the regulator.
The purpose of the National Credit Regulator V is to monitor and regulate credit activities, ensuring that lenders comply with existing laws, protect consumers, and maintain a fair credit market.
Information reported on the National Credit Regulator V typically includes details about credit transactions, borrower information, interest rates, fees, and overall compliance with credit laws.
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