Regulatory Alerts2020-10-08
Securities Industry Conduct of Business Guidelines 2020
The Securities and Exchange Commission of Ghana issued these 2020 guidelines to establish comprehensive conduct standards for licensed market operators and collective investment schemes. The framework mandates robust corporate governance, requiring boards to maintain independent oversight, implement systematic risk management and internal controls, and ensure all directors meet verified qualification and integrity thresholds. Furthermore, it enforces stringent client protection measures by codifying fiduciary duties, securing client money and assets, standardizing order execution and complaint handling, and strictly managing conflicts of interest across all intermediary activities.
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