Credit Reporting Regulations, 2020 🇬🇭

Ghana

L.I. 2394

Credit Reporting Regulations, 2020

Published in Government Gazette on 29 January 2020
Assented to on 10 December 2019
Commenced on 5 March 2020
[This is the version of this document from 29 January 2020.]

IN exercise ofthe power conferred on the Minister responsible for Finance and Economic Planning by section 60 of the Credit Reporting Act, 2007 (Act 726) and on the advice of the Bank of Ghana, these Regulations are made this 10th day of December, 2019.

Preliminary Provisions

1. Purpose

The purpose of these Regulations is to

(a)set standards for the safety and security ofcredit information;

(b)designate additional sources of data for credit bureaus as data providers, and

(c)provide for rules and guidelines for credit reporting activities in line with intemational best practices.

2. Application

These Regulations apply to

(a)credit bureaus;

(b)financial institutions; and

(c)a person that is permitted to provide data or have access to credit information by

(i)credit bureaus,

(ii)data providers, …

Read the Full Legislation on judy.legal

Access annotations, citing cases, and more legal research tools.

Open in judy.legal