Regulatory Alerts2020-10-13
SEC Sets New Capital Requirements for Market Operators
The Securities and Exchange Commission of Ghana has issued new minimum capital requirements for all market operators under Section 209 of the Securities Industry Act 2016. Existing operators must achieve full compliance by 31 December 2021, while new entrants are required to meet the thresholds immediately upon licensing. These capital thresholds, developed through extensive industry consultation, accompany additional regulatory frameworks including conduct of business and corporate governance guidelines to strengthen market integrity and efficiency.
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