Aggregated News From Investment Management Regulators

Nigeria

Corrigendum – Prequalification and Expression of Interest (EOI). PROJECT ID NO: P-NG-HZ0-007

The attention of the general public is hereby drawn to the earlier advertisement published by the Securities and Exchange Commission in the Federal Tenders Journal, Daily Trust and Thisday Newspapers on Monday December 26, 2022 and Tuesday December 27, 2022 respectively, inviting members of the public for prequalification and Expression of Interest (EOI). PROJECT ID NO.: P-NG-HZ0-007 Please be advised that due to the public holiday declared by the Federal Government on December 26th and 27th 2022 as well as January 02, 2023, the Bids submission/opening has been rescheduled for Monday, 23 January 2023 This news item was originally published by...

Request For Expressions Of Interest (Consulting Services-Firms)

Institutional Capacity Development on Green Finance and Green Bonds for the Securities and Exchange Commission, Nigerian Exchange Group and Capital Market Operators SECTOR: NIGERIAN CAPITAL MARKET GRANT NO.: G-NG-H00-SUP-001: PROJECT ID NO.: P-NG-HZ0-007 The SECURITIES & EXCHANGE COMMISSION, NIGERIA (SEC) has received financing from the African Development Bank towards the cost of regulatory capacity improvements under the RISK-BASED SUPERVISION FRAMEWORK IMPLEMENTATION AND CAPACITY BUILDING PROGRAM and intends to apply part of the agreed amount for this grant to payments under the contract for consultancy services for the Institutional Capacity Development on Green Finance and Green Bonds for the Securities and Exchange Commission, Nigerian...

Notice To All Capital Market Operators (CMOs) For Renewal Of 2023 Registration.

This is to inform all Capital Market Operators and the general public that the annual renewal of Registration for year 2023 will commence from January 01, 2023 to January 31, 2023. In line with the Commission’s Rules and Regulations, all CMOs are to complete the process of renewal of registration for 2023 on or before 31st January 2023 through the Registration Renewal Portal –  eportal.sec.gov.ng. For more enquiries or support in complete the process, please contact as [email protected] Signed: Management This news item was originally published by the Securities and Exchange Commission (SEC NG). For more information, please see the Source Link.

Circular On Designation Of Ten Individuals And Three Entities By The National Sanctions Committee And Addition To The Nigeria Sanctions List

NSC/SEC/MON/AML/CFT/112022/02                                                   All Capital Market Operators (CMOs) and Stakeholders are hereby notified that pursuant to section 49 of the Terrorism (Prevention and Prohibition) Act, 2022, the Nigeria Sanctions Committee has approved the addition of the entries below to the Nigeria Sanctions List of individuals and entities subject to assets freeze, travel ban and arms embargo: Abdurrahaman Musa Ado NLJASi.1 Bashir Ali Yusuf 2 Ibrahim Ali Alhassan NLJASi.3 Muhammad Ibrahim Isah NLJASi.4 Salihu Yusuf Adamu NLJASi.5 Surajo Abubakar Mohammad 6 Fannami Alhaji Bukar NLJASi.7 Muhammed Musa NLJASi.8 Sahabi Ismail NLJASi.9 Mohammed Saleh Buba NLJASi.10 Alin Yar Yaya General Enterprises NLJASi.11 ...

Exposure Of Proposed New Rules To Rules And Regulations Of The Commission

Summary of New Rules Registration Requirement for Collateral Management Companies Registration Requirement for Warehouse Operators Registration Requirement for Warehouses Application Form for Registration as a Collateral Management Companies Application Form for Registration as a Warehouse Operator Application Form for Registration of a Warehouse View/download full document below Download File This news item was originally published by the Securities and Exchange Commission (SEC NG). For more information, please see the Source Link.

Exposure Of New Rule On Shariah Advisory Services For Non-Interest Capital Market Products And Services

All comments and input should be forwarded by e-mail to the Secretariat, Rules Committee of the Commission, at [email protected] or by letter addressed to the Director-General, SEC, not later than two (2) weeks from date of publication. Download document-Exposure of New Rule on Shariah Advisory Services Preamble The Non-interest Capital Market activities in recent times are exponentially increasing. The market is witnessing the entrance of more asset managers, emergence of i-REIT, listing of sovereign Sukuk on the Exchanges, issuance of corporate Sukuk, emergence of shariah advisory function etc.  These developments coupled with the necessity of shariah services for the market affirms the...

Amendment to the Investment and Securities (Exemption of State Government etc.) Order, 2019

The Securities and Exchange Commission wishes to notify all Capital Market Operators (CMOs) and the general public that the Honourable Minister of Finance, Budget and National Development has approved an amendment to the Investment and Securities (Exemption of State Governments etc.) Order 2019 as contained in the Federal Republic of Nigeria Officials Gazette dated 31st May, 2021. The Order grants Exemption to the State Governments and the Federal Capital Territory from the operations of Section 223 of the Investment and Securities Act 2007 to enable them raise funds from the Capital Market for infrastructural development. The Order can be downloaded here This...

Financial Literacy Technical Committee Presents A Timely Webinar On Fintech And The Capital Market

Topic: Fintech and the Capital Market: Opportunities or Threats Financial technology, also known as FinTech, is the use of technology to enable efficient banking and financial services. These FinTech innovations have brought about fundamental changes to the way of conducting financial-related activities. On this note, the Financial Literacy Technical Committee (FLTC), a market-wide committee of the capital market set up by the Securities and Exchange Commission (SEC) to provide market-related and people-centric information will be holding an online webinar that borders on the topic “Fintech and the Capital Market:Opportunities or Threats.” The webinar is scheduled for 15th September 2022 by...

Accelerating Financial Inclusion Through Crowdfunding

Register for the webinar here This news item was originally published by the Securities and Exchange Commission (SEC NG). For more information, please see the Source Link.

Notification for 2022 second CMC Webinar Meeting

The 2022 second Capital Market Committee (CMC) Webinar Meeting has been scheduled to hold on Thursday, 18th August, 2022. The usual interface with members of the press will also hold through webinar on Friday, 19th August, 2022. Attendance at both events is strictly by invitation. All invited participants are expected to be seated by 9.45am. Thank you. SIGNED MANAGEMENT This news item was originally published by the Securities and Exchange Commission (SEC NG). For more information, please see the Source Link.

Exposure Of Proposed Guidelines On Minimum Operating Standards For Information Technology For Capital Market Operators (CMOS)

This news item was originally published by the Securities and Exchange Commission (SEC NG). For more information, please see the Proposed Guidelines here: Source Link.

Circular On Processing Fee For Fairness Review Of Mergers, Takeovers And Acquisitions By The Securities And Exchange Commission, Nigeria

The Commission, pursuant to its powers under the Investment and Securities Act (ISA), 2007, and Rule 6 of the Amended Rules on Mergers, Takeovers and Acquisitions, by this circular, hereby notify all public companies involved in or intending to be involved in a merger, acquisition, or other forms of corporate restructuring that the applicable ’’processing fee’’  for fairness review of mergers, takeovers and acquisitions by the Commission, is as stipulated in Schedule I, Part C, 8(iii) of the Commission’s Consolidated Rules 2013. Please be guided accordingly. Management. This news item was originally published by the Securities and Exchange Commission (SEC NG). For...

Regulator Information

Abbreviation: SEC NG
Jurisdiction: Nigeria

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