May 24, 2021/Proshare by Detail Commercial Solicitors Background In our newsletter on “SEC’s Directive To Online Investment And Trading Platforms in Nigeria – The Way Forward” (the “Newsletter”), we had analyzed the Securities and Exchange Commission’s (“SEC”) Press Release dated 8th April, 2021 on the Proliferation of Unregistered Online Investment and […]
Capital Market
SEC Adopts guidelines on Sustainable Finance for CMOs
May 23, 2021/SEC Nigeria The Securities and Exchange Commission has adopted the Nigerian Sustainable Finance Principles (NSFP) as developed by the Financial Services Regulation Coordinating Committee (FSRCC) for the capital market. This was contained in a statement released by the Commission in Abuja, weekend. The regulator stated that the objectives […]
SEC Unveils Rule for Processing Fees Payable for the Registration of Exchange Traded Derivative Products
May 21, 2021/SEC Nigeria New Rule Proposed Rule for Processing Fees Payable for the Registration of Exchange-Traded Derivative Products Filing Fee per Contract N100,000 Processing Fee per Contract N500,000 flat fee Justification The Commission is of the view that the filing fee should be a standard fee chargeable for all […]
