Regulatory Alerts2018-06-27
Bank of Ghana Capital Requirements Directive
The Bank of Ghana issued this Capital Requirements Directive to establish a risk-based capital adequacy framework for licensed banks, mandating that they maintain sufficient regulatory capital against credit, operational, and market risks. The directive defines eligible capital across Common Equity Tier 1, Additional Tier 1, and Tier 2 categories while requiring bank boards to implement robust capital management plans and internal adequacy assessments. Effective from July 2018 with full compliance required by January 2019, the framework applies on both standalone and consolidated bases and empowers the regulator to enforce penalties or require capital adjustments for institutions falling below minimum risk standards.
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