home All News open_in_new Full Article

The watchdogs have gone unwatched: It’s time for a Financial Control Authority (FCA)

Ghana’s financial system is supervised by four independent regulators: the Bank of Ghana (BoG), the Securities and Exchange Commission (SEC), the National Insurance Commission (NIC), and the National Pensions Regulatory Authority (NPRA). Each is mandated to safeguard its sector, banking, capital markets, insurance, and pensions, respectively. Despite this regulatory framework, Ghana has experienced significant financial instability in recent years. Between 2017 and 2019, over 420 financial institutions collapsed, costing the state more than GH¢21 billion in bailouts.


today 57 h. ago attach_file Politics

attach_file Politics
attach_file Politics
attach_file Politics
attach_file Economics
attach_file Events
attach_file Politics
attach_file Economics
attach_file Politics
attach_file Events
attach_file Politics
attach_file Sport
attach_file Politics
attach_file Events
attach_file Events
attach_file Economics
attach_file Events
attach_file Politics
attach_file Politics
attach_file Events
attach_file Sport


ID: 429364544
Add Watch Country

arrow_drop_down