Regulatory Compliance Vault

Nigerian financial sector compliance directory — Acts, Regulations, Guidelines and Circulars from PenCom, CBN, NAICOM, SEC and NDPC.

PenCom Guideline 06 Apr 2017
Guidelines for the Administration of Gratuity Benefits (Exposure Draft)

Exposure draft addressing administration of gratuity and other retirement benefit entitlements payable as lump sum, periodic payment, or a combination. Status as a finalised, bindi…

Applies To
Employers; PFAs
Effective
06 Apr 2017
Compliance Deadline
PenCom Regulation 06 Apr 2017
Regulations for the Administration of Legacy Pension Assets

Governs administration of legacy pension assets predating the Contributory Pension Scheme.

Applies To
Legacy pension asset holders; PFAs
Effective
06 Apr 2017
Compliance Deadline
PenCom Act 01 Jul 2014
Pension Reform Act 2014

Principal legislation governing the Contributory Pension Scheme (CPS). Repealed the PRA 2004; establishes PenCom's supervisory mandate over PFAs, PFCs and CPFAs, RSA transfer right…

Applies To
All employers, PFAs, PFCs, CPFAs and RSA…
Effective
01 Jul 2014
Compliance Deadline
PenCom Regulation 06 Apr 2012
Regulation on Investment of Pension Fund Assets 2012

Historical version of the investment regulation providing uniform rules and standards for investment of pension fund assets under the PRA 2004; superseded by later amendments. Issu…

Applies To
PFAs (investment)
Effective
06 Apr 2012
Compliance Deadline
PenCom Regulation 06 Mar 2012
Draft Amended Regulation on Investment of Pension Fund Assets March 2012

Draft version of the 2012 amended investment regulation; historical record, superseded by later finalised amendments.

Applies To
PFAs (investment)
Effective
06 Mar 2012
Compliance Deadline
PenCom Regulation 06 Feb 2012
Regulation on Investment of Pension Funds February 2012

Historical version of the investment regulation providing uniform rules and standards for investment of pension fund assets under the PRA 2004; superseded by later amendments.

Applies To
PFAs (investment)
Effective
06 Feb 2012
Compliance Deadline
PenCom Regulation 06 Apr 2010
Regulation on Investment of Pension Funds Asset 2010

Historical version of the investment regulation providing uniform rules and standards for investment of pension fund assets; superseded by later amendments.

Applies To
PFAs (investment)
Effective
06 Apr 2010
Compliance Deadline
PenCom Regulation 06 Apr 2009
Regulations for Compliance Officers April 2009

Sets standards and responsibilities for compliance officers within licensed pension operators.

Applies To
Compliance officers; PFAs; PFCs
Effective
06 Apr 2009
Compliance Deadline
PenCom Regulation 06 Apr 2009
Regulations for Auditing Pension Funds April 2009

Sets standards for the audit of pension funds and pension fund operators.

Applies To
Auditors; PFAs; PFCs
Effective
06 Apr 2009
Compliance Deadline
PenCom Regulation 06 Mar 2009
Regulation on Fees Structure March 2009

Sets maximum chargeable fees by PFAs, PFCs and the Commission for pension services; superseded by the 2018 fees structure revision.

Applies To
PFAs; PFCs
Effective
06 Mar 2009
Compliance Deadline
PenCom Guideline 06 Dec 2008
Guidelines for Cross Border Arrangements under the Pension Reform Act

Sets requirements for cross-border pension arrangements consistent with the Pension Reform Act 2004; predates the PRA 2014 and may require a currency check against the current Act.

Applies To
Cross-border pension arrangements
Effective
06 Dec 2008
Compliance Deadline
PenCom Regulation 06 Dec 2008
Review of Supervisory Fees December 2008

Sets maximum chargeable fees by PFAs, PFCs and the Commission for pension services; historical, superseded by later fee reviews.

Applies To
PFAs; PFCs
Effective
06 Dec 2008
Compliance Deadline

This vault is a monitoring aid, not legal advice; always confirm against the regulator's official publication.