2019-10-01
The Securities and Exchange Commission of Ghana has imposed a six-month moratorium on issuing new Fund Management Licences effective October 1, 2019. While new applications are suspended, the regulator will continue processing renewal applications for existing licensees and new market products. This pause allows the SEC to conduct a thorough review of the licensing regime, resolve industry challenges, and overhaul its activities to ensure a more efficient and resilient capital market.