Nigerian financial sector compliance directory — Acts, Regulations, Guidelines and Circulars from PenCom, CBN, NAICOM, SEC and NDPC.
Simplifies the process for beneficial owners and estates to recover funds from dormant accounts and unclaimed balances, with defined documentation, timelines and institutional resp…
Mandates automated real-time transaction monitoring, dynamic risk scoring, multi-list sanctions screening (OFAC, UN, EU, HMT, CBN watchlist, NFIU list, PEP databases) at onboarding…
Directs that Compliance Audit Returns will serve as the benchmark for assessing responsible AI use: major-importance entities must demonstrate through audit submissions that AI-dri…
Governs shared services arrangements between licensed pension fund operators and their related parties, setting conditions for cost allocation, documentation, arm's-length terms an…
Sets out the terms on which licensed BDCs may participate in the Nigerian Foreign Exchange Market (NFEM) following market reforms.
Sets out licensing and licence-renewal requirements and procedures for insurance institutions operating in Nigeria.
Directs banks and other financial institutions to facilitate seamless use of foreign-issued cards for customers, addressing friction in cross-border card transactions.
Removes cumulative deposit limits and excess-deposit fees; imposes weekly cash withdrawal limits of ₦500,000 (individuals) and ₦5m (corporates) across all channels, with excess fee…
All capital market operators must declare compliance status and ensure every tradable instrument under their management is registered with the Commission by January 2026. Puts fint…
Enforces existing advertising rules and requires immediate withdrawal of non-compliant advertisements by regulated entities.
Strengthens the agent banking environment for financial inclusion. Takes effect from date of release; agent location and agent exclusivity provisions effective 1 April 2026.
Framework governing engagement of Accredited Pension Agents to drive enrolment and contributions under the Personal Pension Plan.
This vault is a monitoring aid, not legal advice; always confirm against the regulator's official publication.
