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|Title:||the Impact of Regulatory Sanctions on Banks for non-compliance with Foreign Exchange Guidelines: a case Study of 25 Banks|
|Authors:||Osaka, G. C.|
Oputa, Newman C.
Tule, M K.
|Keywords:||Regulatory Sanctions on Banks|
Foreign Exchange Guidelines
|Publisher:||Research Dept. - Central Bank of Nigeria|
|Series/Report no.:||Occasional Paper;No. 31|
|Abstract:||As part of the efforts to sanitize the foreign exchange market and instill market discipline, the Central Bank of Nigeria (CBN),among other punitive measures, suspended the foreign exchange dealership licence of twenty five banks for one year in 2002. Bearing in mind the lag effect in policy transmission, it therefore became imperative for a follow-up on the earlier study in order to evaluate the full effects of the sanctions. The need to fill this knowledge gap is the basis for this study.|
|Description:||Occasional Paper 2004|
|Appears in Collections:||Papers|
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|Occasional paper no. 31, Impact of Regulatory Sanctions on Banks.pdf||288.18 kB||Adobe PDF|
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