The Securities and Exchange Commission (SEC) is the statutory body set up by the Securities Industry Act, 2016 (Act 929), as amended by the Securities Industry (Amendment) 2021 (Act 1062), with the object of regulating, innovating, and promoting the growth and development of an efficient, fair, and transparent securities market in which investors and the integrity of the market are protected.
The SEC wishes to remind all customers of Fund Management Companies (FMCs) affected by the revocation of licenses exercised in November 2019 that the deadline for submission of claims for validation is Tuesday, 9th July 2024.
To be eligible for the voluntary bailout package offered by Government, affected customers must have validated claims and must have accepted the government’s sponsored bailout package. The SEC urges all eligible customers to submit their claims before the deadline to ensure that they receive the financial support they are entitled to.
For further information and assistance with the claims submission process, please contact the sole SEC-appointed agent, PricewaterhouseCoopers (Ghana) LTD (“PwC”), via email at gh_fundmanagers@pwc.com or by phone at +233 (0) 242 439 453.
The SEC remains committed to protecting the interests of investors and ensuring the stability and integrity of the Ghanaian capital market.
This Notice is issued pursuant to sections 3(i)(m) and 208(c) of the Securities Industry Act, 2016 (Act 929) as amended.
ISSUED BY ORDER OF
THE SECURITIES AND EXCHANGE COMMISSION (SEC)
DATED: JUNE 24, 2024
(NOTICE NO. SEC/PN/002/06/2024)