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Directive to Market Operators on the Use of Fair Value through other Comprehensive Income ("Mark-to-Market") Valuation Method in the Valuation of Clients' Investment Assets/Securities and Portfolios in the Securities Sector, 2022 πŸ‡¬πŸ‡­

Ghana

Directive sec-dir-002-10-2022

Directive to Market Operators on the Use of Fair Value through other Comprehensive Income ("Mark-to-Market") Valuation Method in the Valuation of Clients' Investment Assets/Securities and Portfolios in the Securities Sector, 2022

  • Issued by Securities and Exchange Commission on 20 October 2022
  • Commenced on 20 October 2022
  • [This is the version of this document from 20 October 2022.]

1.0 PREAMBLE

The Securities and Exchange Commission (hereinafter referred to as β€œSEC”) is the statutory body mandated by the Securities Industry Act, 2016 (Act 929) as amended by the Securities Industry (Amendment) Act 2021 (Act 1062), (hereinafter referred to as β€˜the Act) to promote the orderly growth and development of an efficient, fair, and transparent securities market in which investors and the integrity of the market are protected. The SEC also has a mandate to maintain surveillance over activities in securities to ensure orderly, fair, and equitable dealings in securities and …

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