Regulatory Alerts2019-08-27
New Rules And Sundry Amendments As At August 21 2019
The Securities and Exchange Commission (SEC) of Nigeria has released new rules and amendments to existing regulations concerning specialized funds/schemes, capital market holding companies, and other aspects of capital market operations. These changes aim to enhance investor protection, promote market efficiency, and ensure regulatory compliance within the Nigerian capital market. The amended rules address issues such as risk diversification in specialized funds, the structure and governance of capital market holding companies, and reporting requirements for market operators. These updates will be of particular interest to fund managers, institutional investors, and other stakeholders in the Nigerian financial industry.