Regulatory Alerts2020-03-04 | FPR/DIR/GEN/CIR/07/048Added · Updated
Exposure Draft of the Guidelines for the Regulation and Supervision of Microfinance Banks in Nigeria
The Central Bank of Nigeria (CBN) issued revised guidelines for the regulation and supervision of microfinance banks in Nigeria. The guidelines cover categories of microfinance banks, ownership and licensing requirements, permissible and prohibited activities, funding, corporate governance, prudential and anti-money laundering requirements, among other topics.
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