THE DIGITAL AGENDA: LEGAL REFORMS TO ACCOMMODATE FINTECH IN GHANA (PART III)
PART 3: GRIEVANCE PROCEDURES, FOREIGN PARTICIPATION AND LICENSING REQUIREMENTS GRIEVANCE PROCEDURES UNDER THE PAYMENT SYSTEMS AND SERVICE ACT 2019 As indicated in the previous post, the Bank of Ghana has the power to reject an application for authorisation or a license. When this happens, the unsuccessful applicant is not barred from future
THE DIGITAL AGENDA: LEGAL REFORMS TO ACCOMMODATE FINTECH IN GHANA (PART II)
Adwoa E. Paintsil* PART 2: THE OVERVIEW OF THE PAYMENT SERVICE ACT THE PAYMENT SYSTEMS AND SERVICES ACT 2019 (ACT 987) The Payment Systems and Services Act 2019 (Act 987), which repeals the previous Payment Systems Act passed in 2003 (Act 662), was assented to by the President of Ghana on 13th May
WHAT TO KNOW ABOUT THE NEW COMPANIES ACT
Enyimnyam Paintsil Esq. On Friday 2ND August 2019, His Excellency Nana Akuffo-Addo, President of the republic of Ghana gave his assent to the new Companies Act, Act 992, replacing the old Companies Act of 1963. The new Companies Act, Act 992 undoubtedly will reform company practice in Ghana. This post highlights
THE NEW AGE OF CORPORATE GOVERNANCE IN GHANA: A STEP BEYOND MERE COMPLIANCE WITH STATUTORY PROVISIONS
Bobby Banson, ESq FCIArb *The Author is the lead Consultant of Smith & Adelaide Law, Unit B804, The Octagon INTRODUCTION Every day, new Companies are registered at the Registrar General’s Department of Ghana. Statics available at the time of writing this paper revealed that as at date, over One million companies