SEC Orders Immediate Freeze on Assets of 13 Firms over Terrorism Financing in Nigeria

SEC orders immediate freeze on assets of 13 firms over terrorism financing in Nigeria

Nigeria’s Securities and Exchange Commission, SEC, has directed the immediate freezing of assets belonging to 13 capital market entities suspected of

SEC Freezes Assets Of 13 Terror-Linked Individuals, Entities

Advertisements The Securities and Exchange Commission (SEC) has directed an immediate freeze on the assets of 13 newly identified entities linked to terrorism financing within Nigeria’s capital market.The directive, titled “Commission’s Sweeping Compliance Directive Issued to Capital Market Operators,” follows the designation and blacklisting of 10 individuals and three entities on the Nigeria Sanctions List by the Nigeria Sanctions Committee.Ac…

Nigeria’s SEC Orders Freezing Of Assets Linked To 13 People, Groups Accused Of Funding Terrorism

Nigeria’s SEC Orders Freezing Of Assets Linked To 13 People, Groups Accused Of Funding Terrorism

SEC Orders Asset Freeze On Individuals, Entities Over Terror Links

The Securities and Exchange Commission has directed all capital market operators to immediately freeze assets linked to 10 individuals and three entities newly designated under Nigeria’s sanctions regime, in a move aimed at strengthening efforts to combat terrorism financing. In a circular issued to operators, the commission said the directive followed the approval of the Nigeria Sanctions Committee in line with the provisions of the Terrorism (…

SEC moves to freeze assets of 10 individuals, 3 entities linked to terrorism financing

‎The Securities and Exchange Commission (SEC) has directed capital market operators to freeze assets linked to 10 individuals and three entities newly designated under Nigeria’s sanctions regime. ‎ ‎In a circular issued by the commission, the regulator said the action followed approval by the Nigeria Sanctions Committee in line with the Terrorism (Prevention and Prohibition) Act, 2022. ‎ ‎SEC said the affected persons and entities have been adde…

“Freeze All Funds Without Notice” — SEC Orders Asset Freeze on 10 Individuals, 3 Entities Under Nigeria Sanctions Regime Over Terrorism Financing Links

The Securities and Exchange Commission (SEC) has directed capital market operators to freeze assets linked to 10 individuals and three entities newly designated under Nigeria’s sanctions regime. In a circular issued by the commission, the regulator said the action followed approval by the Nigeria Sanctions Committee in line with the Terrorism (Prevention and Prohibition) Act, 2022. SEC said the affected persons and entities have been added to th…