CBN to revise rules governing financial holding companies
⚡ Quick Summary
The CBN noted that the overhaul is necessary after years of implementing the existing framework introduced in 2014 to mitigate the risks arising from the conduct of non-core banking activities within banking groups.
The CBN noted that the overhaul is necessary after years of implementing the existing framework introduced in 2014 to mitigate the risks arising from the conduct of non-core banking activities within banking groups.
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