CBN cautions banks over appointment of chief compliance officers

The Central Bank of Nigeria (CBN) has cautioned banks over appointment of chief compliance officers. In a circular titled, “Statues of Chief Compliance Officers of Banks”, the apex bank frowned at the practice where banks refuse to appoint substantive chief compliance officers. The circular signed by Acting Director, Financial Policy and Regulation department, Mr. Nwaoha […]

CBN cautions banks over appointment of chief compliance officers

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