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Central Bank of Nigeria

Administrative Letter to All Merchant and Regional Banks (Commercial/Specialized)

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Author
Central Bank of Nigeria
Reference No.
FPR/DIR/GEN/CIR/07/063
Year
2020
Pages
1 page

The Central Bank of Nigeria revises the requirements for Chief Compliance Officers in merchant banks and regional banks, permitting their appointment at a grade no lower than Assistant General Manager. The officers must report directly to the Executive Compliance Officer, who retains sole responsibility for…

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