Regulatory Alerts2024-01-29 | FMD/DIR/PUB/CIR/001/011Added · Updated
Circular to All Authorised Dealers - Financial Markets Price Transparency
The Central Bank of Nigeria circulates a reminder to all authorized dealers about the expectation of transparent price quoting and displaying in financial markets transactions. The bank has noticed instances of under-reporting and misleading information, which is non-compliant with ethical standards and amounts to market manipulation. The CBN warns of sanctions for such behavior and encourages stakeholders to conduct business in compliance with CBN rules and guidelines.
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