He stated this while testifying before Justice Inyang Ekwo in the alleged N2 billion fraud suit preferred against the company and others
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CIS president, Olatunde Amolegbe, said this in an interview with the News Agency of Nigeria (NAN) Wednesday in Lagos.
The Regulatory Incubation (RI) program is designed to address the needs of new business models and processes that require regulatory authorisation to continue carrying out full or ancillary technology-driven Capital Market activities. The RI Program has thus been conceived as an interim measure to aid the evolution of effective regulation which accommodates the innovation by FinTechs without compromising market integrity and within limits that ensure investor protection.