Many factors and influences combine to create the regulatory environment. Major events be these legislative, economic, industry driven, political, environmental or indeed scandals relating to some or all of

these have significantly influenced the development of the regulatory environment that exists today.

Select three such events from the past years that you, as a compliance professional, consider to have had the most significant impact on the regulatory environment in Nigeria as the jurisdiction and the banking sector.

Prepare a short paper for discussion with an audience of your compliance peers that, for each of your three selected events:

provides a brief explanation of why you believe it had a significant impact

illustrates, through the provision of practical examples, the impact of the event on the banking sector

evaluates how lessons learned from the event should be considered in light of the current regulatory situation in nigeria.