2024-03-01 | FPR/DIR/PUB/CIR/002/008

Revised Regulatory and Supervisory Guidelines for the Operations of Mortgage Refinance Companies in Nigeria - Exposure Draft

The Central Bank of Nigeria (CBN) circulates revised guidelines for the operations of mortgage refinance companies (MRCs) in the country. The guidelines cover licensing, financial and corporate governance requirements, permissible and non-permissible activities, sources of funds, and prudential requirements. The CBN invites comments and inputs from stakeholders by March 18, 2024.

Tags
credit
governance
licensing
capital
disclosure
operational
remediation