Directive to Securities Exchanges and Depositories on Changes to Market Infrastructure, 2017 🇬🇭

Ghana

Directive sec-dir-01-2017

Directive to Securities Exchanges and Depositories on Changes to Market Infrastructure, 2017

Issued by Securities and Exchange Commission on 26 April 2017
Commenced on 26 April 2017
[This is the version of this document from 26 April 2017.]

1. The Securities and Exchange Commission (SEC) issues this Directive pursuant to sections 3(i) and 48(1) of Part II of the Securities Industry Act, 2016, Act 929.2. The directive concerns the involvement and consultation with the Commission when changes to market infrastructure are being undertaken,3. Given that such changes in market infrastructure impact the entire securities market thereby compelling market operators to adapt their systems to accommodate the changes,4. All securities exchanges and depositories shall submit to the Commission:(a)proposed changes to market infrastructure that they intend to execute,(b)an impact analysis report on how the chnages may affect other areas of the securities market, including milest…

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