December 8, 2023/SEC Nigeria

The Securities and Exchange Commission (SEC) Nigeria has proposed new rules on Green, Social, and Sustainability. 

In the same vein, the commission also proposed amendments to its rules on Registration Requirements for Commodity Broker and Collective Investment Schemes

Below are the details of the proposed amendments and new rules

Summary of Changes

1. Proposed New Rules on Green, Social, Sustainability, Sustainability – Linked and Transition Bonds

2. Proposed Amendment to the Rule on Registration Requirements for Commodity Broker

3. Proposed Amendment to Rule 450 – General Rules for Collective Investment Schemes

4. Proposed Amendment to the Rules on Funds-Portfolio Management Operations

All comments and input should be forwarded to the Secretariat, Rules Committee via rulescommittee@sec.gov,ng or through the DG SEC not later than two weeks from the date of the publication on the website.

Click here to read full PDF copy of Rules of Exposure