Regulatory Alerts2018-01-16
Mandatory Disclosure Items for Public Companies
The Ghana Securities and Exchange Commission issued this guideline to mandate specific financial transparency and governance disclosures for all public companies. The directive requires compliance across twenty-three key areas, including board oversight of financial communications, internal control systems, auditor appointment and interaction processes, related-party transaction approvals, environmental policies, ethics codes, risk management frameworks, board composition, remuneration structures, and CEO-board checks and balances. All annual reports covering financial periods ending after 2016 must incorporate these disclosures alongside existing Companies Act and International Financial Reporting Standards requirements.
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