advert

Financial sector cleanup: SEC asks affected persons to submit claims for payment

2 Min Read

0:00

 The Securities and Exchange Commission (SEC) has asked all customers of Fund Management Companies (FMCs) affected by the revocation of licenses exercised in November 2019 to submit their claims for review and payment. The SEC said in a press release that the deadline for submission of claims for validation is Tuesday, 9th July, 2024. According
The post Financial sector cleanup: SEC asks affected persons to submit claims for payment first appeared on 3News.  

The Securities and Exchange Commission (SEC) has asked all customers of Fund Management Companies (FMCs) affected by the revocation of licenses exercised in November 2019 to submit their claims for review and payment.

The SEC said in a press release that the deadline for submission of claims for
validation is Tuesday, 9th July, 2024.

According to SEC, “To be eligible for the voluntary bailout package offered by Government, affected customers must have validated claims and must have accepted the government’s sponsored bailout package.

The SEC “urged all eligible customers to submit their claims before the deadline to ensure that they receive the financial support they are entitled to.”

“For further information and assistance with the claims submission process, please contact the sole SEC-appointed agent, PricewaterhouseCoopers (Ghana) LTD (“PwC”), via email at gh_fundmanagers@pwc.com or by phone at +233 (0) 242 439 453.”

“The SEC remains committed to protecting the interests of investors and ensuring the stability and integrity of the Ghanaian capital market. This Notice is issued pursuant to sections 3(i)(m) and 208(c) of the Securities Industry Act, 2016 (Act 929) as amended,” the press release further stated.

Read Also:

GHc25bn was not used to clean up banks alone, rather the entire financial sector – Addison

The post Financial sector cleanup: SEC asks affected persons to submit claims for payment first appeared on 3News.

  

Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Exit mobile version