Business
Unfair charges, fees should be abolished-BoG to banks, SDIs
According to the Bank of Ghana, these practices are unfair and impact negatively on the financial inclusion agenda of the country.
DL News
Results for "Central Bank of Kenya Regulations"
2043 results.
Election Petition
Election Petition: I disagree with the Supreme Court in disallowing document inspection – Prof Kwaku Asare
The petitioners, both now and in 2013, applied to inspect documents in the custody of the EC.
DL News
Business
Bank of Ghana rolls out new anti-money laundering rules for agency banking
The AML/CFT/CPF Agency Banking Guidelines, which take immediate effect, are issued under section 101(2)(j) of the Payment Systems and Services Act, 2019 (Act 987) and section 52(5)(e)(i) of the Anti-Money Laundering Act, 2020 (Act 1044).
DL News
Courts
Court dismisses BoG's application,clears path for suit against cedi depreciation
Justice Audrey Kocuvie-Tay, who presided over the matter, ruled that the suit raised legitimate legal questions rooted in gross negligence and could not be described as an abuse of court process, as argued by BoG’s legal team. She added tha...
DL News
Business
Bank of Ghana closes Dek-Nock Investments for taking deposits without licence
This action is in accordance with Section 20(2)(g) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).
DL News
Courts
Alleged panic withdrawal story: Blogger, another charged, granted GH¢20,000 bail
Jeffrey Eppirim Nyame, the blogger, is facing a charge of publication of false news
GNA
Supreme Court News
Supreme Court case diary for week commencing March 14 -15 2023
The particular cases up for consideration are civil motions, civil appeals, writs, and a criminal appeal
DL News
Business
Rural and Community Banks recorded highest rate of staff involvement in fraud cases in 2021 – BoG report
The fraud report presents an overview of fraud typologies recorded in the Banking and SDI sector and Electronic Money Issuers (EMI) sector.
DL News
Business
Banking fraud cases hit ¢1bn in 2020 – BoG
Key recommendations by the Bank of Ghana to help fight current fraud trends include consumer education on the safe usage of digital/electronic products
DL News
Business
BoG to open licensing for digital credit service providers from November
In a statement, the Central Bank confirmed it has also released a directive outlining licensing requirements and eligibility criteria for firms seeking to operate in the space.
DL News
Business
Redirect FX inflows to commercial banks-BoG to mining firms
According to Governor Dr. Johnson Asiama, the move is aimed at strengthening the interbank foreign exchange market and boosting liquidity.
DL News
Business
5th UPSA Law School Africa Trade Roundtable held
The PAPSS was formally launched in January 2022. It is a centralized payment and settlement system for intra-African trade in goods and services. Africa currently has approximately 42 individual currencies.
DL News
Tech
Should Banks create their own cryptocurrencies?
Even as far back as 2013, bitcoin was worth almost as much as gold. And, at the end of 2016, the total value of bitcoins in circulation was US$14bn. Is it time for banks to consider creating theirs?
The Conversation | Nafis Alam & Graham Kendall
General
PURC fines ECG, Board members hefty penalties over compliance failures
The penalties come after ECG failed to honour requests for data by the PURC on three consecutive occasions.
DL News
Courts
Freezing of Cecilia Dapaah's bank accounts: Court to rule on OSP's confirmation request August 31
The former Minister is currently being investigated by the OSP on charges of corruption and corruption-related offences
DL News
Business
BoG within its rights to end probation jobs — Austin Gamey
In an interview with Joy Business, Mr. Gamey explained that under current employment regulations, organisations have the legal authority to terminate the appointments of probationary staff who do not meet performance expectations.
DL News
General
Exposition of the current position of the law on corruption, anti-money laundering and narcotics
The law is settled that no person shall be convicted of a criminal offence unless the offence is defined and its penalty is prescribed in a written law[37].
DL News
General
Health of inmates major concern to Ghana Prisons Service
ADP Mwinyelle stated that the Wa Municipal Hospital had agreed to attach a Physician Assistant to the Wa Central Prisons Infirmary to help enhance healthcare delivery to the inmates.
GNA
General
NDC suspends Central Region Communications Director following rape allegations
The Functional Executive Committee took that decision at our SEC meeting that they have suspended Kwasy Dawood, and they are referring him to the disciplinary committee for the necessary action.”
DL News
Courts
Assin North: Don’t waste resources on criminal case against Gyakye Quayson – Kpebu
Recent history has seen a former Member of Parliament jailed for a similar offence.
DL News