{"id":47093,"date":"2022-12-09T18:54:47","date_gmt":"2022-12-09T18:54:47","guid":{"rendered":"https:\/\/thefreezonechannel.com\/?p=47093"},"modified":"2022-12-09T18:54:56","modified_gmt":"2022-12-09T18:54:56","slug":"fccpc-extends-deadline-for-registration-of-digital-money-lenders","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/fccpc-extends-deadline-for-registration-of-digital-money-lenders\/","title":{"rendered":"FCCPC extends deadline for registration of digital money lenders"},"content":{"rendered":"<p>The Federal Competition and Consumer Protection Commission (FCCPC) has extended the deadline for the registration of Digital Money Lenders (DMLs).<\/p>\n\n\n\n<p>A statement by Mr Babatunde Irukera, the Chief Executive Officer (CEO) of the commission in Abuja on Friday, said the deadline of 90 days expired on Nov. 14.<\/p>\n\n\n\n<p>He said the commission considered that some DMLs were still in the process of their registration and extended the deadline to Jan. 31, 2023.<\/p>\n\n\n\n<p>\u201dOn Aug. 18 in furtherance of the collaboration of Inter-Agency Joint Task Force, the FCCPC conducted enforcement actions in Lagos with respect to certain DMLs.<\/p>\n\n\n\n<p>\u201dIn view of the desire to promote fair, transparent and beneficial alternative lending opportunities, the Joint Task Force (JTF) established a mutually adopted Limited Interim Regulatory\/Registration Framework and Guidelines for Digital Lending, 2022.<\/p>\n\n\n\n<p>\u201dSubsequently, the commission commenced the registration of DMLs.<\/p>\n\n\n\n<p>\u201dBy an Order and Notice of the Commission on Aug. 17, existing DMLs were required to comply in not later than 90 days to confirm their business is uninterrupted.<\/p>\n\n\n\n<p>\u201dThe commission has also created a publicly accessible list of the DMLs that have been granted approvals\/conditional approvals,\u201d Irukera said.<\/p>\n\n\n\n<p>The CEO said the list of DMLs granted approval would be updated regularly and could be accessed at https:\/\/fccpc.gov.ng\/registration-status-for-digital-money- lenders-8apps\/link.<\/p>\n\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-47093\" data-postid=\"47093\" class=\"themify_builder_content themify_builder_content-47093 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->","protected":false},"excerpt":{"rendered":"<p>The Federal Competition and Consumer Protection Commission (FCCPC) has extended the deadline for the registration of Digital Money Lenders (DMLs). A statement by Mr Babatunde Irukera, the Chief Executive Officer (CEO) of the commission in Abuja on Friday, said the deadline of 90 days expired on Nov. 14. He said the commission considered that some [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":26222,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1366,949],"tags":[942],"class_list":["post-47093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-economy","tag-enaira-2","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FCCPC extends deadline for registration of digital money lenders - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/fccpc-extends-deadline-for-registration-of-digital-money-lenders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FCCPC extends deadline for registration of digital money lenders - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"The Federal Competition and Consumer Protection Commission (FCCPC) has extended the deadline for the registration of Digital Money Lenders (DMLs). A statement by Mr Babatunde Irukera, the Chief Executive Officer (CEO) of the commission in Abuja on Friday, said the deadline of 90 days expired on Nov. 14. 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