Proposed New Rule on Green Bonds and Sundry Amendments to SEC Rules

 

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NEW RULE

PROPOSED RULE ON GREEN BONDS

  • Name/Citation of the Rule: Green Bonds         
  • Definition of Terms

     “Green Bond”          A Green Bond is any type of debt instrument, the proceeds of which would be exclusively applied to finance or re-finance in part or in full new and/or existing projects that have positive environmental impact.

 

SUNDRY AMENDMENTS

A. PROPOSED INCLUSION OF BVN AS A VALID MEANS OF IDENTIFICATION OF INDIVIDUAL CLIENTS IN THE CAPITAL MARKET

 

SUNDRY AMENDMENTS FOR RE-EXPOSURE

A. PROPOSED RULES ON INVESTMENT ADVISORY SERVICES

B. PROPOSED AMENDMENTS TO RULES 96 & 97– INVESTMENT ADVISERS

C. PROPOSED AMENDMENT TO RULE 61-NOMINEE ACCOUNTS

 

All comments and input should be forwarded by e-mail to the Secretariat, Rules Committee of the Commission, at rulescommittee@sec.gov.ng or by letter addressed to the Director-General, SEC, not later than two (2) weeks from the date of this publication.

Download Full Details of Proposed Rule on Green Bonds  and Sundry Amendments>>>