Regulatory Alerts2022-02-25
Circular to Market Operators on the Submission of Licence Renewal Applications
The Securities and Exchange Commission of Ghana mandates all licensed market operators to submit licence renewal applications at least three months prior to expiry. Operators must adhere to specific submission deadlines, with mutual funds and unit trusts required to apply by October 1 for December 31 expirations, while fund managers, issuing houses, representatives, broker dealers, and investment advisors must apply by April 1 for June 30 expirations. This directive, issued under the Securities Industry Act 2016, ensures continuous regulatory compliance and market integrity.
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