Regulatory Alerts2019-09-13
Reduction of Exemption Fees for Some Capital Market Experts
The Commission has reduced the initial exemption fee for Capital Market Professionals from N100,000 to N50,000. This adjustment applies to experienced practitioners with at least fifteen years of post-qualification experience and a maximum two-year career interruption who previously qualified for exemption from the Pre-Registration workshop. Affected individuals must continue attending the mandatory Executive course to retain their exempted status under the revised fee structure.
You may wish to recall that Capital Market Professionals with a minimum of 15 years relevant post-qualification experience with not more than 2 years interruption, who have attained their heights were approved to be exempted from the Pre-Registration workshop/examination subject to the attendance of a mandatory Executive course. Further to the earlier circular on the exemption, please be informed that the Commission has reduced the initial exemption fee of N100,000.00 (One Hundred Thousand Naira Only) to N50,000.00 (Fifty Thousand Naira Only) for affected individuals in the market. Kindly take note and be guided please. Thank you. Signed: Management