PenCom Reinstates PFA Investments In Commercial Papers
The National Pension Commission (PenCom) reinstates investments in commercial papers by Licensed Pension Fund Administrators (LPFAs) involving non-bank capital market operators as Issuing and Paying Agents (IPAs). This follows steps taken by the Securities and Exchange Commission (SEC) to address regulatory concerns regarding the role of non-bank IPAs in commercial paper transactions. In a circular … Continue reading PenCom Reinstates PFA Investments In Commercial Papers
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