Pursuant to Section 122 (2) of the Securities Industry Act, 2016 (Act 929), the Securities and Exchange Commission (SEC) on 8th November 2019 revoked the licences of 53 Fund Management Companies (“FMCs”).
This serves as an update on NOTICE NO. SEC/PN/013/11/2019 issued on 12th November, 2019.
The SEC wishes to inform the general public that effective Monday, 18th November, 2019, there will be designated areas at selected branches of Consolidated Bank Ghana Limited (CBG) identified in Appendix A, where authorised agents will receive from clients of the affected FMCs, evidence of investment claims such as investment certificates, account statements, receipts and other relevant documentation as proof of investments with affected fund management companies.
Investors are advised to visit the designated areas at the CBG branches with valid ID cards, the evidence of investment claims, and complete the Proof of Investment Forms that will be available at the designated areas. Only authorised agents in the designated areas are to receive documents from investors. No claims are to be submitted to CBG staff.
Please note that the working hours for the CBG branches are from 8:30am to 4:30pm, Mondays to Fridays.
Investors may send an email to the Agent at email@example.com or call the following numbers for any clarification:
0302960197 / 8/ 9
0302960208 / 9 /10
0302960023 / 4
0302953518 / 9
Click to download the full Public Notice
PUBLIC NOTICE ON VALIDATION OF INVESTMENT CLAIMS AGAINST THE 53 FUND MANAGEMENT COMPANIES WHOSE LICENCES HAVE BEEN REVOKED (UPDATED NOTICE)
Last modified: November 15, 2019