Regulatory Alerts2020-11-03
Directive to Fund Managers on Interconnectedness Reporting
The Securities and Exchange Commission of Ghana directs all fund managers to submit monthly interconnectedness reports detailing their client base to support financial stability monitoring and potential investor protection fund creation. The initial report must be submitted in Excel format by 6 November 2020, with subsequent filings due by the 15th of each following month. This directive is issued under the Securities Industry Act 2016 to fulfill the Financial Stability Advisory Council’s mandate for sector-wide risk assessment.
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