Additional Corporate Governance Considerations for Capital Market Operators and Public Companies

In this publication, TEMPLARS Partner, Ijeoma Uju, and Senior Associate, Ayodele Ashiata Kadiri explain the scope, application, and compliance steps, including prohibitions on transmuting independent directors, tenure limits, and special rules for PLCs, CMOs and SPIEs. They also compare global best practices and highlight the reforms’ impact on investor protection and market stability.

These rules present PLCs, CMOs and SPIEs an opportunity to strengthen governance, build investor confidence, and align with international standards.