The Minister of Finance, Ken Ofori-Atta has inaugurated the Board of the Securities and Exchange Commission at the Ministry of Finance. The reconstitution of the Board was in line with the Securities Industries Act, 2016 (Act 929) as amended. The Board members include Dr. Yeboa Amoa as Chairman, Rev. Daniel Ogbarmey Tetteh, Mrs. Deborah Mawuse …
Watchdog for fund managers in the country, the Securities and Exchange Commission (SEC), has extended letters of invitation to 101 directors from 34 defunct firms to aid the Commission in ascertaining the roles played by these persons in the sub-par running of their respective firms, and proffer punitive measures where necessary. This was disclosed by …
A resource handicapped Securities and Exchange Commission (SEC) poses far more systemic and structural risks to the development of Ghana’s relatively young capital market, Kojo Addae-Mensah, CEO of Databank Group, has said. Despite the SEC’s recent market actions via directives to institutions it regulates and general awareness creation about its core mandate and capital market …
The deputy director-general of SEC has said that the commission is putting measures in place to finally declare its position on cryptocurrency. He said the country is still against cryptocurrency trading. He said few experts will be contacted to dialogue with SEC to come up with a policy position that will then inform how to …
The Ghanaian securities market will soon have credit rating agencies (CRAs), as the Securities and Exchange Commission (SEC) has issued draft guidelines for their operations in Ghana, almost a decade after declaring its intentions. The draft regulations, which were issued this week, will facilitate and standardise the establishment and operation of credit rating agencies in …
The Securities and Exchange Commission (SEC) on Monday launched its maiden Capital Market Master Plan (CMMP) to serve as the blueprint for the development of the capital market in Ghana for the next 10 years. The Plan is built around a vision discussed and agreed with key stakeholders in the capital market to ensure a …
The Israeli Trade and Economic Mission in Ghana, in partnership with the Israeli Export Institute, has organised an exclusive event for top management personnel of investment companies and business advisory firms at its maiden VIP Investors Forum, which took place at Dawhenya Greenhouse Village in the Ningo Prampram Municipality of the Greater Accra Region. Participants …
The Securities and Exchange Commission (SEC) and IFC, a member of the World Bank Group, have unveilled a partnership to facilitate investments in projects which address climate and environmental issues through green bonds. Under the agreement, IFC will help the SEC develop guidelines for issuers and investors of green bonds in Ghana. The introduction of …
The securities and exchange commission (SEC) is working on a draft to present new guidelines on third party and related transactions. This SEC believes will address the misappropriation of investments funds by Fund Management firms. The third party and related transactions was the major cause of the collapse of Fund Management firms forcing the clean …
President Nana Addo Dankwa Akufo-Addo has called on investors and business leaders in Spain to participate in the exceptional investment opportunities in Ghana. Ghana, with its stable security and political environment, coupled with a sound legal and regulatory environment, and a stable domestic market and macro-economic stability, he noted, had the best investment climate in …