To institutionalize a code of ethics for regulators that would guide their dealings with operators and other stakeholders.
To promote efficient, competitive and sound financial system, which would lead to proper allocation of resources and economic growth.
To promote the integrity and transparency of the financial markets to ensure the proper functioning of the financial system and protect depositors, customers and investors.
To engender co-operation and coordination of supervision of the financial sector and information sharing among the regulatory authorities.
To provide guidance for the implementation of consolidated supervision in Nigeria.
The Financial Services Regulation Coordinating Committee (FSRCC) is a statutory Committee comprising of regulators in the Nigerian financial services industry.
Members of the FSRCC
News and Events
Wonder Bank Operator Sentenced to Five Years Imprisonment
The Federal High Court, Kaduna Division convicted and sentenced Mr. Samanja Audu to five (5) years imprisonment for operating banking business without a valid licence. Following the receipt of a complaint in June 2010 that one Samanja Audu, through a company called...read more
FSRCC Secretariat Partners with the Toronto Centre, Canada on Capacity Building
The Financial Services Regulation Coordinating Committee (FSRCC), in conjunction with the Toronto Leadership Centre, Canada, is to organize the three (3) under-listed workshops for the staff of member agencies of the FSRCC. The workshops are scheduled to hold at the...read more