RegAlert2007-09-27 | TED-FEM-FPC-GEN-01-118-07Added · Updated
Guidelines for the Development of Risk Management Frameworks Individual Risk Elements in Nigerian Banks
In September 2007, the Central Bank of Nigeria released a circular containing finalized guidelines for developing risk management frameworks in Nigerian banks. These minimum requirements, first drafted in August 2006 and updated with stakeholder feedback, were intended to assist banks in improving their risk management practices. The document can be accessed on the CBN website (www.cenbank.org).
CBN published 1 document in the last 30 days — get each new one by email the day it lands.
09-61636403 09-61636418 September 24, 2007 BSD/DIR/CIR/V1/011 CIRCULAR TO ALL BANKS: GUIDELINES FOR THE DEVELOPMENT OF RISK MANAGEMENT FRAMEWORKS FOR INDIVIDUAL RISK ELEMENTS IN NIGERIAN BANKS It would be recalled that, in August 2006, the draft of the above document was issued to the stakeholders for comments and suggestions. The feedback received was quite helpful in reviewing the document which has now been finalized. The document contains minimum requirements meant to assist banks in developing their risk management frameworks. Consequently, the Central Bank of Nigeria by this circular, formally releases the guidelines, which can also be accessed electronically at the CBN website www.cenbank.org .
G.A. OLADEJOBI FOR: DIRECTOR OF BANKING SUPERVISION
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Similar documents from other regulators
NBEBank Risk Management Guidelines (Revised)Ethiopia · 2023-04-27
CBLCentral Bank of Liberia Risk Management GuidelineLiberia · 2015-01-15
BOGDraft Risk Management Guidelines for Rural and Community BanksGhana · 2020-11-11
RBMRisk Management Guidelines for Banking Institutions (2007)Malawi · 2010-12-15
BOZBank of Zambia Risk Management GuidelinesZambia · 2008-10-10
CBKRisk Management Guidelines January 2013Kenya · 2012-11-05
CBGGuideline 14 Risk Management for Commercial Banks in The GambiaGambia · 2022-08-01
RBZRisk Management Guideline 2006Zimbabwe · 2006-07-28
BBDOS Circular No. 04: Risk Management Guidelines for banksBangladesh · 2018-10-08
Source: Central Bank of Nigeria — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from CBN
CBN published 1 document in the last 30 days. We email you each new one the day it's published.