2007-08-30 | TED-FEM-FPC-GEN-01-105-07

Submission of The List of Uncollected Risk Assessment Reports (RARS) by Importers

The Central Bank of Nigeria has notified all authorized dealers about the issue of importers failing to collect original Risk Assessment Reports (RARs) from their bankers, leading to a loss of revenue for the government. Authorized Dealers are requested to submit a list of uncollected RARs by their customers as of June 29th, 2007 in soft copy format by September 10th, 2007. Failure to meet this deadline may result in appropriate sanctions.

Tags
fx
disclosure
operational
remediation