Updates

The IOSCO MMOU: 20 Years of Facilitating Cross-Border Enforcement Cooperation

October 21, 2022/IOSCO Members of the International Organization of Securities Commissions are commemorating the 20th anniversary of the Multilateral Memorandum of Understanding (MMoU) at their 47th Annual Meeting in Marrakesh. Securities regulators use the MMoU to exchange information, ensuring effective global enforcement cooperation and strengthening international securities markets. Created in […]

IOSCO Annual Meeting Names Jean-Paul Servais New Chair, Takes Forward its Ambitious Work Plan

October 21, 2022/IOSCO The International Organization of Securities Commissions (IOSCO) has appointed a new chair, Jean-Paul Servais, Chairman of Belgium’s Financial Services and Markets Authority (FSMA). Mr. Servais takes over as Board Chair from Mr. Ashley Alder, Chief Executive Officer of the Hong Kong Securities and Futures Commission, who has […]

Underperformance of Federally Collected Revenue in H1 ‘22

October 20, 2022/FBNQuest The most recent Budget implementation report for Q2 ‘22 once again highlights the poor performance of federally collected revenue in comparison with budgeted expectations. The report shows that gross federally collected revenue amounted to NGN5.4trn in H1 ‘22 or c.-32% below the pro-rata budget forecast. The primary […]