1) What is the legal foundation of CREDICORP's existence?

CREDICORP was established by Presidential directive in 2024 and operates as a government-owned Development Finance Institution (DFI) pending the passage of its enabling legislation. It is registered as a Public Limited Liability Company with MOFI as sole shareholder, in trust for the FGN.

2) Who regulates CREDICORP?

Primarily the Central Bank of Nigeria (CBN). Oversight may also come from the Ministry of Finance, MOFI, and other bodies acting within their statutory mandates (e.g., EFCC, ICPC, Auditor-General's office).

3) Which top 4 laws or regulations guide our operations?

• Companies and Allied Matters Act (CAMA) 2020
• CBN Guidelines for DFIs (2015)
• CBN Code of Corporate Governance (2018)
• Banks and Other Financial Institutions Act (BOFIA) 2020

4) What do the CBN DFI Guidelines require of us?

They define licensing, permissible activities, governance, risk management, credit administration, and reporting obligations. Staff must ensure activities comply with these boundaries.

5) How is staff conduct regulated, legally?

Staff must comply with internal policies, civil service ethics, anti-corruption, confidentiality, and data protection laws. Specific acts and codes will be addressed in detail within this guide.