CBN Releases Guidelines On Nigerian Payment Systems
January 7, 2020
4:23 am
The Central Bank of Nigeria (CBN) has released the Nigerian Payment Systems Risk and Information Security Management Framework to guide the management of risks associated with payment systems in the country.
The CBN released the guidelines on its website on Monday and said one of the objectives of the framework was to identify and address sources of systemic risks within the Nigerian Payment System landscape.
The bank explained that it would help to establish sound governance arrangements to oversee the risk management framework by ensuring that risks were identified, monitored and treated.
According to CBN, the framework will help to
