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AN ANALYSIS OF THE IMPLICATIONS OF NIGERIA’S CUSTOMER DUE DILIGENCE (CDD) REGULATION 2023

by Stren & Blan Partners | Jul 10, 2023 | Uncategorized

INTRODUCTION In a strategic effort to combat money laundering and ensure compliance with relevant laws and regulations, the Central Bank of Nigeria (CBN) has introduced measures to support Financial Institutions (FIs) in implementing effective customer due diligence...

AN X-RAY INTO THE CENTRAL BANK OF NIGERIA’S GUIDANCE NOTES ON POLITICALLY EXPOSED PERSONS

by Stren & Blan Partners | Jul 4, 2023 | Uncategorized

On 22nd June 2023, the Guidance Notes on Politically Exposed Persons (PEPs) was presented by the Central Bank of Nigeria (CBN), representing a significant advancement in the efforts to combat financial crimes and promote integrity within the Nigerian financial sector....

NAVIGATING THE REGULATORY LANDSCAPE OF TELEMEDICINE IN NIGERIA

by Stren & Blan Partners | Jun 26, 2023 | Uncategorized

Introduction Telemedicine has gained popularity all over the world due to its ability to improve access to healthcare services for those living in remote areas, those with limited mobility or transportation, and those with persistent health conditions that require...

EXAMINING THE CONSTITUTIONALITY OF ORDER V RULE 3 OF THE FEDERAL HIGH COURT (FEDERAL INLAND REVENUE SERVICE) PRACTICE DIRECTIONS 2021.

by Stren & Blan Partners | Jun 16, 2023 | Uncategorized

Introduction 1. On 31st May, 2021, the Chief Judge of the Federal High Court of Nigeria, Honourable Justice John TerhembaTsoho, in exercisie of the powers conferred on him byOrder 57 Rule 3 of the Federal High Court (Civil Procedure) Rules 2019, issued the Federal...

NIGERIA ENACTS A NEW ARBITRATION AND MEDIATION ACT

by Stren & Blan Partners | Jun 7, 2023 | Uncategorized

On the 26th of May, 2023, the then President Muhammadu Buhari assented to and signed into law a new andgroundbreaking Arbitration and Mediation Act (“AMA”) of 2023. This historic legislation, passed by the Senate on the 10th of May, 2022, effectively replaces the...

NATIONAL INSURANCE COMMISSION (NAICOM) ISSUES INSURANCE REGULATORY SANDBOX OPERATIONAL GUIDELINES

by Stren & Blan Partners | May 18, 2023 | Uncategorized

The National Insurance Commission (NAICOM) recently issued a circular (NAICOM/DPR/CIR/48/2023) on 28th April 2023, announcing the issuance of the ‘Regulatory Sandbox Guidelines’ for guidance and compliance. This new Guideline which took effect from 1st may, 2023 was...
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