Regulatory Alerts2021-05-17
Draft Credit Rating Agencies Guidelines
The Securities and Exchange Commission of Ghana issued draft guidelines to regulate credit rating agencies pursuant to the Securities Industry Act, 2016. The proposed framework establishes compliance and operational standards to foster a transparent, fair, and efficient securities market while safeguarding investor interests. Regulators are accepting public feedback and recommendations on the draft text via email until 5:00 pm on May 31, 2021.
These Draft Guidelines are issued by the Securities and Exchange Commission (hereinafter referred to as “the Commission”) pursuant to section 15 of the Securities Industry Act, 2016 (Act 929). If you have any suggestions, questions, recommendations, and concerns please do send an email to issuers@sec.gov.gh latest by 5:00 pm, Monday, 31st May 2021.
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About SEC:
The Securities and Exchange Commission (SEC) Ghana is the apex regulatory body of the Securities Industry in Ghana set up by the Securities Industry Act, 2016 (Act 929) to regulate and promote the growth and development of an efficient, fair, and transparent securities market in which investors and the integrity of the market are protected.
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