Compliance & Governance

Future View (Offa) Multipurpose Cooperative Society Ltd operates transparently, responsibly, and in full compliance with the Kwara State Cooperative Societies Law and other applicable national frameworks.
We uphold the cooperative principles of self-help, mutual responsibility, and good governance.

Legal Registration

Future View (Offa) is officially registered with the Kwara State Ministry of Commerce, Industry and Cooperative under Registration No. KWS: 17653.
This legal recognition empowers us to operate as a multipurpose cooperative society across Nigeria.

Governance Framework

  • The Cooperative is governed by a Board of Directors elected by members during the Annual General Meeting (AGM).
  • Board decisions are implemented by the General Manager and management team, under cooperative by-laws.
  • All key policies — finance, credit, audit, and procurement — are documented and approved through proper resolutions.
  • Quarterly reports are presented to the Board and shared with members to ensure accountability.

Financial Compliance

  • Annual financial statements are prepared and audited by certified professionals.
  • We maintain separate cooperative and project accounts with licensed financial institutions.
  • All disbursements are supported by vouchers and approved by authorized signatories.
  • No member or officer may use cooperative funds for unapproved personal or speculative purposes.

KYC & AML Policy

The cooperative applies a Know Your Customer (KYC) and Anti-Money Laundering (AML) policy to all members and partners.
Identity verification, source of funds checks, and transaction reviews are standard practice.

We cooperate fully with regulators and licensed partners to ensure responsible and lawful financial participation.

Transparency & Accountability

Members have access to reports, meeting resolutions, and audited statements upon request.
The cooperative maintains internal checks, an audit committee, and a compliance unit for oversight.

Integrity is the foundation of our cooperative identity.

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