SEC reiterates commitment to market development through technology | The Guardian Nigeria News - Nigeria and World News

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The Securities and Exchange Commission (SEC) has restated its commitment to ensuring that the nation's capital market attains its full potential through advanced technology.

Chief Executive Officer, FSD Africa, Mike Napier; Capital Market Specialist FSD Africa, Adebayo Araoye and Director General Securities and Exchange Commission, Lamido Yuguda, during a Meeting between The SEC and FSD Africa held in Abuja.

FSD Africa’s support centres on the development of capital markets master plans, conducting institutional capacity assessments, and creating capacity for sustainable finance such as green bonds, helping markets to adapt to their operating goals. “I cannot but express my support to FSD Africa for the various support they have given to the commission in various areas.

He also stated that the review of the capital market master plans better positions the SEC to deliver on its regulatory objectives in the challenging times. “Thank you for the considerable assistance on IT. What we have done too is to explore domestic sources of funding for our IT infrastructure and thankfully, we are making tremendous progress in that regard,” he added.

He added that strengthening regulatory capacity in capital markets is an essential pre-condition for building investor confidence.

 

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