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Nigeria's CAC Considers Centralising Beneficial Ownership Data Into Single Database
Nigeria's Corporate Affairs Commission is exploring a centralised single database for the country's beneficial ownership register, a move that would have material implications for fintech KYC and AML infrastructure. The consolidation would simplify compliance workflows for financial institutions and regulators tracking corporate ownership structures.
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- Nigeria: CAC Mulls Single Database for Beneficial Ownership Register · allafrica.com · T3