2007-09-27 | TED-FEM-FPC-GEN-01-118-07

Guidelines for the Development of Risk Management Frameworks Individual Risk Elements in Nigerian Banks

In September 2007, the Central Bank of Nigeria released a circular containing finalized guidelines for developing risk management frameworks in Nigerian banks. These minimum requirements, first drafted in August 2006 and updated with stakeholder feedback, were intended to assist banks in improving their risk management practices. The document can be accessed on the CBN website (www.cenbank.org).

Tags
governance
capital
operational
advisory