Updates

Nigerian Economy is Recovering from a Historic Downturn-IMF

November 19, 2021/IMF The Nigerian economy is recovering from a historic downturn benefiting from government policy support, rising oil prices and international financial assistance. The authorities’ pro-active approach has contained the COVID-19 infection rates and fatalities. With the emergence of fuel subsidies and slow progress on revenue mobilization, the fiscal […]

SEC Proposes Rule to Provide Transparency in the Securities Lending Market

Proposed Rule Would Increase Availability of Information Regarding Securities Lending Transactions November 18, 2021/US SEC The Securities and Exchange Commission today published proposed Exchange Act Rule 10c-1, which would require lenders of securities to provide the material terms of securities lending transactions to a registered national securities association, such as […]

Press Release SEC Proposes Updates to Electronic Recordkeeping Requirements

Amendments Will Help Modernize How Broker-Dealers Preserve Electronic Records and Enhance the Requirements for Security-Based Swap Entities November 18, 2021/US SEC The Securities and Exchange Commission today published proposed amendments to the electronic recordkeeping and prompt production of records requirements applicable to broker-dealers, security-based swap dealers (SBSDs), and major security-based […]