Licensing
Which licence your business model needs, and the application and structuring to obtain it.
Regulatory and compliance advice for lenders and fintechs
Lenders and fintechs answer to several regulators at once. We help you understand what applies to your business, keep your documents and collections practices within the rules, and respond when a regulator comes asking.
Jurisdictions served Lagos · Ogun · Oyo · Abuja
What we handle
Staying on the right side of the regulator.
For banks, fintechs, lenders and the companies that work with them.
Consumer lending compliance
Loan agreements, disclosures and collections practices that meet consumer-protection rules.
Data protection
Compliance with the Nigeria Data Protection Act 2023, including privacy notices and data handling.
Regulatory enquiries
Responses to enquiries and investigations by the CBN, FCCPC, SEC and NDPC.
Policies & contracts
Customer terms, collections policies and internal procedures reviewed against current rules.
Challenging decisions
Reviewing regulatory sanctions and, where justified, challenging them in court.
The regulators
Who regulates what.
A single lending or payments business can fall under several regulators. These are the ones our clients deal with most often:
- CBNBanks, payment service providers, microfinance banks and other financial institutions.
- FCCPCConsumer protection and competition, including digital and online consumer lending.
- SECCapital markets, collective investment schemes and digital asset businesses.
- NDPCThe processing of personal data under the Nigeria Data Protection Act 2023.
- CACCompany registration, filings and beneficial ownership disclosure.
Collections conduct
Collection practices such as contacting a borrower's friends and family, or publishing a borrower's details, have drawn regulatory sanctions. Recovery should go through lawful channels.
Documents match practice
Regulators look at what a business actually does, not only what its terms say. We review both.
Contact
Tell us about your matter.
Send us a short summary and we will be in touch. Please don't send confidential documents until we have confirmed there is no conflict of interest.
Office
3rd Floor, 23 Hughes AvenueYaba, Lagos State, Nigeria
Telephone