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FSRCC moves to protect depositors’ funds

…ring-fences banks from non-banking business In what can be regarded as the first practical step towards protecting depositors’ funds, the Financial Services Regulation Coordinating Committee (FSRCC) has come out with guidelines to protect depositors’ funds from high risk transactions.

Added: 5 months ago (March 17, 2010 @ 08:10PM)
Source: Businessday Nigeria

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