CBN to Revise Rules for Financial Holding Companies

Nigeria's Central Bank (CBN) plans to update the regulatory framework for financial holding companies, a necessary overhaul of the existing rules introduced in 2014 to manage risks from non-core banking activities.

11 Jun, 22:00 — 11 Jun, 22:00

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Premium TimesMostly Factual79d ago

CBN to revise rules governing financial holding companies

The CBN noted that the overhaul is necessary after years of implementing the existing framework introduced in 2014 to mitigate the risks arising from the conduct of non-core banking activities within banking groups. The post CBN to revise rules governing financial holding companies appeared first on Premium Times Nigeria.

By Omotoyosi Idowu

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CBN to Revise Rules for Financial Holding Companies

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CBN to revise rules governing financial holding companies

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