SEC Summit to Highlight Technology-Driven Compliance in Nigeria’s Capital Market
The Securities and Exchange Commission has underscored the growing importance of technology-led compliance in Nigeria’s capital market as it prepares for the 2025 SEC/Nigerian Capital Market Institute Compliance Summit. With the conference set to take place in Lagos next week, the regulator said the event will build on the success of the 2024 edition by deepening industry understanding of innovation-driven regulation.
According to the SEC, this year’s summit — themed “Innovation and Compliance: Balancing Risks and Opportunities” — will bring together capital market operators, self-regulatory organisations, FinTech innovators, regulators and compliance professionals. The goal is to equip stakeholders with advanced, forward-looking compliance strategies that address emerging risks while supporting a market undergoing rapid technological transformation.
The Commission noted that compliance officers, in particular, are expected to be active participants, given their pivotal role in maintaining market integrity. Discussions will focus on modern tools such as RegTech, data analytics and real-time transaction monitoring, as well as beneficial ownership transparency and improved customer due diligence. The SEC emphasized that stronger involvement from boards and senior management is also essential to sustaining a robust compliance culture.
In addition, the summit will feature in-depth sessions examining the compliance expectations under the ISA 2025, offering insights into how regulatory evolution affects market participants. As digitisation expands — especially with the rise of Virtual Asset Service Providers and the growth of FinTech platforms — the SEC says there is an increasing need for advanced compliance solutions capable of managing accelerated risk exposure.
The regulator added that the forum will help foster cross-sector collaboration and provide clarity on leadership responsibilities in compliance. By addressing potential gaps and outlining both immediate and long-term implementation strategies, the summit aims to strengthen governance frameworks and ensure Nigerian capital market institutions are better equipped to adapt to regulatory changes while promoting innovation.
source: punch