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SEC Urges Sustained Compliance Culture Post-Nigeria's FATF Grey List Exit

Business1 min read
SEC Urges Sustained Compliance Culture Post-Nigeria's FATF Grey List Exit

The Securities and Exchange Commission (SEC) in Nigeria, led by Director General Emomotimi Agama, emphasized the importance of maintaining a proactive compliance culture post-Nigeria's removal from the FATF grey list. Agama highlighted the need for a strong anti-money laundering and counter-financing of terrorism framework to uphold Nigeria's global financial standing.

The summit discussed the significance of deep-rooted compliance practices to attract international investors and ensure sustainable reforms. Agama stressed the continuous improvement of institutions, especially in adopting regulatory technology solutions.

Plus234Feed summary based on reporting from Business Day. Read the original report below.

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