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Section 84 Investments and Securities Act 2025

Section 84 of the Investments and Securities Act 2025 is about Arrangements with other supervisory authorities. It is under Part VIII (Management Of Systemic Risk) of the Act. It provides as follows:

(1) Notwithstanding the provisions of any other law, the Commission may for the purpose of monitoring, mitigating and managing systemic risk in the capital market or contributing towards financial stability —
(a) provide assistance to any financial sector regulator;

(b) obtain any information or document from, or share any information or document with, any financial sector regulator if the Commission considers it necessary that such information or document be so obtained or shared in managing systemic risk in the capital market or promoting financial stability; or
(c) enter into arrangements to cooperate with any financial sector regulator to co-ordinate stability measures.

(2) Where the Commission shares any information or documents with any financial sector regulator, such financial sector regulator shall give an appropriate undertaking for protecting the confidentiality of such information or document and the purpose for which the information or document may be used.

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See also  Section 54 Nigerian National Health Act 2014

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