Nigerian financial sector compliance directory — Acts, Regulations, Guidelines and Circulars from PenCom, CBN, NAICOM, SEC and NDPC.
Repealed BOFIA 1991. Strengthens CBN licensing, supervision and resolution powers, introduces the Banking Sector Resolution Fund, and expands the perimeter to capture new financial…
NITDA-issued operational guidance under the NDPR: audit filing procedures, DPCO licensing, breach handling and compliance expectations. Rendered obsolete alongside the NDPR upon th…
Extends the Mortgage Refinance Company framework to permit refinancing of non-member banks, broadening mortgage market liquidity support.
Sets compliance expectations for exporters regarding documentation and procedure under export regulations.
Amendments covering legal practitioners, removal from listing, additional requirements for sukuk programs, and registration requirements for incidental functions.
Updates standards for Retiree Life Annuity products offered to pension retirees.
Sets the minimum interest rate banks must pay on savings deposits, a consumer-protection prudential requirement.
Mandates destination payment (direct payment to the ultimate beneficiary) for trade transactions under Form M and Letters of Credit. A November 2020 circular subsequently reiterate…
Establishes the Global Standing Instruction mechanism allowing banks to recover non-performing loans by debiting a defaulting individual's accounts across the industry.
Expands the permissible operating scope for banks licensed under the regional authorisation tier.
PenCom's own data privacy and protection policy governing handling of personal data collected in the course of pension administration.
Operationalised Section 13 of the PRA 2014, allowing RSA holders to transfer between PFAs once a year through the RSA Transfer System, opening genuine competition on service and re…
This vault is a monitoring aid, not legal advice; always confirm against the regulator's official publication.
