SEC sets January 2021 for Corporate Governance Guidelines enforcement

SEC sets January 2021 for Corporate Governance Guidelines enforcement

The management of the Securities and Exchange Commission (SEC), on Tuesday, issued a Corporate Governance Guidelines and a template (revised Form 01) for reporting compliance with the Securities and SEC Corporate Governance Guideline, (SCGG) which becomes mandatory from January 1, 2021. From that date, the commission advised public companies to comply with the Nigerian Code of Corporate Governance (NCCG) of 2018 issued by the Financial Reporting Council (FRC) of Nigeria, just as compliance with the SCGG/revised reporting template. Recall that the NCCG effectively replaced the Code of Corporate Governance for…

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