Experts work together to raise issues about financial integrity in Nigeria

The Presidential Advisory Committee Against Corruption (PACAC) in collaboration with ACCA (the Association of Chartered Certified Accountants), The Convention on Business Integrity (CBi) and the Chartered Institute of Bankers of Nigeria (CIBN) have joined forces to tackle fraud and financial corruption in Nigeria’s banking and finance sector.

The anti-corruption programme - themed Financial Systems Integrity Improvement - is a conference scheduled for 30 June 2017 in Abuja.

The keynote speaker for the event will be Nick Leeson, whose dealings at Barings Bank led to the collapse in 1995 of one of Britain’s oldest financial organisations.

The conference will address regulatory and institutional measures being taken by the financial services sector and regulators to minimise fraud and corruption in the sector, the effectiveness of such measures and required next steps to close existing gaps and effectively sanction breaches by few defaulting players.

The collaborating partners believe that all stakeholders in the financial services sector share a common goal for the systemic integrity and accountability of the finance sector, especially in the light of existing self-regulating measures. Therefore, the conference will identify further preventative and practical measures needed by the players and regulators to tackle fraud, corruption and other forms of financial crimes.

The conference will be attended by key players in the financial services sector including the Minister of Finance, Governor of CBN, Chief Executives of Banks and other financial institutions, compliance officers of banks, private sector operators, consumers of financial services, civil society and representatives of the diplomatic community.

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For further media information:

Jane Ohadike
ACCA Regional Head of Policy- sub- Saharan Africa
E: jane.ohadike@accaglobal.com
mob: +254 (1) 802 776 2005

Helen Thompson, ACCA Newsroom
E: helen.thompson@accaglobal.com
T: +44 (0)20 7059 5759
M: +44 (0)7725 498 654

Twitter @ACCANews

Notes to Editors

About ACCA

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. It offers business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.

ACCA supports its 188,000 members and 480,000 students in 178 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 100 offices and centres and more than 7,110 Approved Employers worldwide, who provide high standards of employee learning and development. Through its public interest remit, ACCA promotes appropriate regulation of accounting and conducts relevant research to ensure accountancy continues to grow in reputation and influence.

Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. It believes that accountants bring value to economies in all stages of development and seek to develop capacity in the profession and encourage the adoption of global standards. ACCA’s core values are aligned to the needs of employers in all sectors and it ensures that through its range of qualifications, it prepares accountants for business. ACCA seeks to open up the profession to people of all backgrounds and remove artificial barriers, innovating its qualifications and delivery to meet the diverse needs of trainee professionals and their employers. More information is here: www.accaglobal.com