Sentences with phrase «imposed after the downturn»
Since these banks do not cause systemic risks to the economy, let them make loans without having to follow the costly and burdensome regulations that were imposed after the downturn.
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«After the 2007/2008 economic downturn we realised that there were fewer aspiring home owners able to meet the strict lending criteria imposed by the banks,» Meyer de Waal, director of conveyance law firm Oosthuizen and Co, explained.