Regulatory Alerts2022-06-08
Circular to All Market Operators Regarding Revenue Collections Account
The Securities and Exchange Commission of Ghana directs all licensed market operators to route all statutory payments, including levies, license fees, renewals, and penalties, directly into its designated Revenue Collections Account at Consolidated Bank Ghana. Effective 15 June 2022, operators must use their license number without the year as the transaction reference to ensure accurate payment identification. This centralized collection mandate, issued under Sections 3 and 208(c) of the Securities Industry Act 2016, streamlines financial administration and strengthens investor protection across the securities market.
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