2014-11-17 | FPR/CIR/GEN/04/012

Status and Reporting Line of Chief Compliance Officers

The circular outlines the required minimum grades for the appointment of Chief Compliance Officers and Compliance Officers in banks and other financial institutions in Nigeria. The Central Bank of Nigeria has approved the establishment of Zonal Compliance Officers for banks and has given dispensation for banks to operate a cluster structure for Compliance Officers. All banks and financial institutions are required to comply with the requirements outlined in the circular.

Nigeria

Central Bank of Nigeria

Show thumbnail