Deposit Money Banks (DMBs) have warned that restriction will be placed on the accounts of Designated Non-financial Businesses and Professions (DNFBPs) operators that failed to comply with the Know-Your Customer (KYC) requirement of the Central Bank of Nigeria (CBN). The CBN’s deadline for compliance with the KYC update by the […]
Author: InvestAdvocate
SEC postpones compliance date for e-dividend
As a result of the feedback received from various stakeholders in the capital market, the Securities and Exchange Commission on Friday postponed the deadline for the transition from the use of dividend warrants to e-dividend payment. According to SEC the deadline, which was originally slated for June 3, 2013, has […]
JPMorgan shareholders urged to reject three directors
JPMorgan Chase & Co (JPM.N) shareholders should vote against re-election of three board members because they failed to properly oversee risk-taking that led to $6.2 billion of losses on the so-called “London Whale” trades, an influential proxy advisory firm said. ISS Proxy Advisory Services said in a report released late […]
