Regulatory Alerts2021-05-18
Sec Regulatory Incubation Guidelines 18521
The Securities and Exchange Commission (SEC) of Nigeria has released regulatory incubation guidelines for a specific category of Fintech entrepreneurs. These guidelines outline the requirements, restrictions, and conditions for Fintech operators to operate under regulatory incubation. The aim is to enable the deepening of the Nigerian Capital Market through regulatory support, while ensuring investor protection and market integrity. Interested applicants are advised to complete the relevant application form and pay a processing fee, and the guidelines also detail the content required in the implementation plan.