Capital Market

NSE Releases Guidance on Companies’ Virtual Board, Committee and Management Meetings

April 15, 2020/NSE Background  Meetings, whether of companies’ Boards of Directors, or of their Committees, or Management, are an essential aspect of the decision making process in companies, with firm roots in good corporate governance. Members’ active participation at meetings is extremely important, and it is desirable, asit provides attendees […]

SEC Enhances Standards for Critical Market Infrastructure

April 9, 2020/US SEC The Securities and Exchange Commission today adopted amendments to its rules for securities clearing agencies to apply enhanced standards to all SEC-registered central counterparties and central securities depositories. The rule amendments build on rules adopted by the Commission in 2016 pursuant to the Dodd-Frank Act to […]

SEC Says Amendment After Approval/Clearance of Transaction Documents to Attract Additional Fee

March 25, 2020/SEC Nigeria Notice is hereby given to all capital market operators/stakeholders that in addition to the complete filing directive of the Commission, all requests for amendments to Transaction Documents after approval/clearance by the Commission shall attract additional processing fee. All Market Operators/Stakeholders should note that henceforth, any request […]