The Securities and Exchange Commission (SEC) has begun the implementation of the regulatory capacity improvements under the risk-based supervision framework and capacity building project.<\/p>\n\n\n\n
The commission said this in a statement on its website that the project, funded from the AfDB Group administered Capital Markets Development Trust Fund, is to finance the Risk-Based Supervision Framework Implementation and Capacity Development Project.<\/p>\n\n\n\n
The statement said the project would provide technical assistance and capacity building on selected areas of the commission\u2019s operations.<\/p>\n\n\n\n
It added that it would support the implementation of risk-based supervision framework, improve the regulatory environment of securities markets and broaden market instruments that would help to deepen the capital markets in Nigeria.<\/p>\n\n\n\n
According to the statement, the project will strengthen the commission\u2019s supervisory tools as well as its capacity to achieve the mandate of investor protection and minimising systemic risk.<\/p>\n\n\n\n