PENCOM Lifts Ban On Commercial Paper Investments By Licenced PFA
The National Pension Commission, PenCom has lifted restrictions on Licenced Pension Fund Administrators LPFAs investing in commercial papers where capital market operators act as Issuing and Paying Agents, IPAs. In a circular PenCom says the decision is to facilitate capital raising and ensure continued market stability. The commission had in a circular dated 23 October 2024 directed all Licensed Pension Fund Administrators to immediately suspend further investment in commercial […]