Tuesday March 8 2016
News Source: Global Exchanges
Focus: Trading Rules
Type: General
Country: Ghana
Link: https://www.csd.com.gh/report/press-release/64-sec-approves-csd-revised-rules/file.html
The Central Securities Depository (Gh.) Ltd has announced that the Securities and Exchange Commission has approved the CSD Operational Rules, Clearing and Settlement Rules and Guidelines for Settlement Guarantee Fund.
These Rules have been revised in line with the new platform being installed by the Depository.
The CSD has installed a new platform to facilitate the clearing, settlement and custody of securities (both debt and equity) issued in Ghana. The new platform will maintain single account for each investor that will keep shares and debt instruments.
All holdings of securities being maintained in the GSE Securities Depository for shares, and the Bank of Ghana Depository for treasury bills and bonds will be automatically migrated onto the new platform.
Click on the link above for further details.