2007-07-31 | TED-FEM-FPC-GEN-01-93-07

Notice of Meeting - Re: Financial Institutions' Cross-Border Forex Transaction Reporting

The Central Bank of Nigeria is deploying a new software called "SWIFTNet FINInform" in collaboration with SWIFT sc Brussels. This application will enable the central bank to receive duplicate copies of messages on Authorised Dealers' cross-border foreign exchange transactions via the SWIFT system. All Authorised Dealers are invited to send two schedule officers to a meeting with representatives of SWIFT sc scheduled for August 10, 2007 at 10 am in the Bankers' Committee Conference Hall at Tinubu Square, Lagos to discuss related policies, roles, operational procedures and controls.

Tags
fx
disclosure
operational
fintech