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IST to Adopt New Rules of Engagement for Digitalization and Market Integrity

2 reports, 1 independent Updated Sep 21
Gone quiet Reached 2 outlets in its first 24 hours
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What happened

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The Investments and Securities Tribunal (IST) plans to adopt new Rules of Engagement following its next board meeting in Port Harcourt, Rivers State, as part of its digitalization drive. The IST Chairman, Hon. Aminu Junaidu, stated the digitalization aims to improve efficiency, ease access to justice, and protect the integrity of the Capital Market. The IST is also open to stronger collaboration with the Chartered Institute of Stockbrokers (CIS) regarding capacity building.

From blueprint.ng

Why it matters

Some supportBrind's analysis of the reports

The CIS President noted that the market is growing and confidence is returning, but she expressed concern over bad actors that could undermine this progress. She called for collaboration among the Securities and Exchange Commission (SEC), CIS, and IST to expose and bring such actors to justice.

From blueprint.ng

Who's involved

  • istInvestments and Securities Tribunal undergoing modernization and digitalization.
  • Securities and Exchange CommissionSecurities and Exchange Commission, called upon to collaborate on market integrity issues.

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Coverage

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