2020-09-22

New Rules And Sundry Amendments As At 10 September 2020

The Securities and Exchange Commission (SEC) has announced several amendments to its rules and regulations. These amendments cover legal practitioners, removal from listing, additional requirements for Sukuk Programmes, and Schedule I (Registration Fees, Minimum Capital Requirements, Securities and others). Additionally, these include a new "Part E" for annual regulatory charges for Securities Exchanges and FMIs. These changes aim to improve regulatory compliance and oversight within the Nigerian financial market.