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| www.ethicsng.org |
The Managing Director of the Institute offered to conduct an all-expense paid training and certification exercise Compliance and Ethics Practice. Candidates who pass the exam will qualify to become members of the Institute.
Compliance is a fast-growing profession in Nigeria. Compliance and Ethics Professionals play a crucial role in the master plan of the post economic meltdown recovery plan of the Central Bank of Nigeria, the Securities and Exchange Commission and the Organised Private Sector.
Compliance is "an independent function that identifies, assesses, advises on, monitors and reports on the … compliance risk, that is, the risk of legal or regulatory sanctions, financial loss, or loss to reputation an organization may suffer as a result of its failure to comply with all applicable laws, regulations, codes of conduct and standards of good practice." (Basel Committee on Banking Supervision, "Compliance and the Compliance Function in Banks" (April 2005))
