SECURITIES & EXCHANGE COMMISSION
REQUEST FOR EXPRESSIONS OF INTEREST (CONSULTING SERVICES-FIRMS)
NIGERIA RISK-BASED SUPERVISION FRAMEWORK IMPLEMENTATION PROJECT

SECTOR: NIGERIAN CAPITAL MARKET
GRANT NO.: G-NG-H00-SUP-001:
PROJECT ID NO.: P-NG-HZO-007

The SECURITIES & EXCHANGE COMMISSION, NIGERIA (SEC) has received financing from the African Development Bank towards the cost of regulatory capacity improvements under the RISK-BASED SUPERVISION FRAMEWORK AND CAPACITY BUILDING PROJECT and intends to apply part of the agreed amount for this grant to payments under the contract for consultancy services for the improvement of the Risk-Based Supervision Framework for the SEC.

SERVICES INCLUDED UNDER THIS PROJECT

This project will involve the development of best practice risk-based supervision inspection manuals and guidelines for the Nigerian capital market. The envisaged activities also include capacity building on prudential risk-based supervision approach including the development or update of relevant risk matrices and models for data analysis and interpretation as well as expansion of existing AML/CFT matrix. Capacity building in risk-based supervision will focus on enhancing SEC’s approach in carrying out its monitoring and supervisory role over all capital market operators namely fund/investment managers, conventional & commodity exchanges, stockbrokers, issuing houses (investment banks) etc.

The Securities & Exchange Commission, Nigeria now invites eligible consultants to indicate their interest in providing these services. Interested consultants must provide information indicating that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc.). Consultants may constitute joint-ventures to enhance their chances of qualification.

Eligibility criteria, establishment of the short-list and the selection procedure shall be in accordance with the African Development Bank’s “Procurement Framework of October 2015”.

Interested consultants may obtain further information at the address below during office hours from 9.00am to 4pm (Monday to Friday) or via the email address provided below.

Expressions of interest must be delivered in hard and soft copy (soft copy on a flash drive) to the address below by Monday, September 6^th, 2021 at 12:00 noon prompt and mention “Risk-Based Supervision Framework Implementation”.