2015-06-27 | BSD/DIR/GEN/BAS/08/031/6

Guidance Notes on Pillar III - Market Discipline

The Central Bank of Nigeria's Guidance Notes on Pillar III outline disclosure requirements for banks, including the procedure, frequency, and content of information to be disclosed. The aim is to promote market discipline by allowing access to information on risk exposure and management. Banks should have a formal disclosure policy approved by their board of directors, addressing their approach to disclosures and internal controls over the process.

Tags
disclosure
capital
operational
governance
advisory