Regulatory Alerts2025-08-13
Securities Industry (Financial Resources) Guidelines 2025
The Securities and Exchange Commission of Ghana issued the 2025 Securities Industry (Financial Resources) Guidelines to mandate licensed market operators to maintain strict minimum capital and liquid capital thresholds. The framework establishes precise calculation methodologies for liquid assets and adjusted liabilities, incorporating standardized haircut percentages, trade-date accounting, and strict prohibitions on netting or set-off arrangements. Market operators must continuously monitor their liquidity positions, immediately report any shortfalls to the Commission, and inject additional funds within five business days or face daily penalties and potential license suspension.
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