CAC Extends Deadline for Registration of POS Agents to September 5
The Corporate Affairs Commission, CAC has extended the registration exercise for Point of Sales (POS) agents, super agents, and sole agents to September 5, 2024.
In a statement signed by its management and posted on its Facebook page on Saturday, July 6, 2024, the extension is to give sufficient time to operators particularly those in remote areas who might have encountered network challenges to register and continue with their businesses.
The statement read, “The Corporate Affairs Commission wishes to notify Fintech Operators also known as Point of Sales Operators that the initial deadline of 7th July 2024 given for the registration of sole Agents, Super Agents, and Agents has been extended for sixty days beginning from 7th July 2024 to the 5th September 2024.
“This is to give sufficient time to Operators particularly those in remote areas who might have encountered network challenges to so register and continue with their businesses.”
It added operators who continue to disobey after the new deadline will risk losing their businesses and facing prosecution for assisting criminal activities.
“Operators who fail or refuse to register at the end of the extended deadline run the risk of losing such businesses and prosecution for aiding and abetting criminal activities.”
