News Formal

SEC leverages Fintech solution to ease market operation, regulation

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 94%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

“You are aware that many companies have been able to hold virtual AGMs, and have also paid out dividends to their shareholders in spite of the lockdown.” CapitalMarket Fintech

Recall that the Commission recently launched the Fintech Roadmap for the Nigerian Capital Market, where a dedicated committee is working with it and other key stakeholders to implement the recommendations of the roadmap.

“Our staff are equipped to be able to continue to work remotely and support the market in every area. We have also issued circulars to capital market operators guiding them on how we expect that the market remains open and continues to function seamlessly. She said: “In the past, we talked a lot about FinTech or Financial Technology and how it has disrupted the market, but now it’s Covid-19 that has so disrupted the market, disrupted everything the way it is, and therefore, as human beings, we have to adapt to be able to ensure that our lives continue and not allow Covid-19 to put our lives on hold. Therefore, we are leveraging technology to be able to continue to function.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Covid-19: SEC Leverages Fintech in Capital Market Regulation - THISDAYLIVEBy Ndubuisi Francis The Securities and Exchange Commission (SEC) has stated that it is leveraging the various opportunities available in the Fintech space to ensure proper regulation of the capital market in the face of the Covid-19 pandemic. The acting Director General of SEC, Ms. Mary Uduk, who said this in a statement issued at …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

COVID-19: SEC tasks market operators on disclosure of exposures – Daily TrustThe Securities and Exchange Commission (SEC) has urged capital market operators to continue to make full disclosures on the impact of COVID-19 on their businesses The advice was given in a circular issued by the commission to the operators. The SEC stated: “While we continue to monitor the evolvement of the pandemic and its impact …
Source: Daily Trust - 🏆 13. / 51 Read more »