Nigeria: Rule on Robo-Advisory Services
Progress
Current status
adopted
30 Aug 2021 adopted
Scope
Implementers
Nigeria
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation, registration and licensing, nes
Regulated Economic Activity
cross-cutting
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Securities and Exchange Commission adopted Rule on Robo-Advisory Services
On 30 August 2021, the Securities and Exchange Commission (SEC) adopted the Rule on Robo-Advisory Services, applicable to all capital market operators and persons offering digital advisory services in the Nigerian capital market. The Rule requires r…
Event type
order
Action type
adoption
Government branch
executive
Government body
central government