As part of efforts to deepen capital market operations in Niger, the Securities and Exchange Commission (SEC) will hold its third quarter Capital Market Committee (CMC) meeting Thursday in Lagos.
The meeting is scheduled to be held on Thursday, November 16, 2023, at the Federal Palace Hotel in Lagos, while the usual SEC Management interaction with the Press is planned for Friday, November 17, 2023, at the SEC Lagos Zonal Office, located at Number 3 Idejo Street, Victoria Island, Lagos.
The Q3 meeting will centre on the issues of de-listing, identifying key challenges in the current listing processes and enhancing efficiency as well as reducing costs for companies seeking to list. Also, enhancing Capital Market Operators understanding of the Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) regulations and the role they need to play in efforts being made to exit the FATF grey list, and many more burning issues about the capital market, would be discussed.
In addition, there will be updates on major achievements from the various technical Committees such as Commodities Ecosystem Implementation Committee, E-Dividend and DCS, Financial Literacy and Non interest capital Market FLTC
CMC is an industry-wide committee comprising the SEC, representatives of capital market operators and trade groups, and other stakeholders.
According to the SEC, “Attendance to both events is strictly by invitation. Participants are expected to be seated by 9:45 a.m.
Expected participants at the CMC meeting include Chief Executive Officers (CEOs) of all registered capital market firms (i.e. Broker/Dealers, Investment Advisers, Custodians, Fund/Portfolio Managers, Receiving Banks, Issuing Houses, amongst several others.
