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Remain compliant, learn from clean-up exercise – SEC to credit unions


Remain compliant, learn from clean-up exercise – SEC to credit unions
Director-General of the Securities and Exchange Commission (SEC), Daniel Ogbarmey Tetteh, has admonished credit unions to remain compliant and pick-up lessons from the financial sector clean-up exercise.
According to him, this would enable credit unions operating in the country to avoid falling prey to a reoccurrence of the clean-up exercise that affected various financial institutions.
Speaking at the biennial conference of the Ghana Co-operative Credit Unions Association (CUA), the Director-General of SEC explained, “a regulated activity means compliance with standard, rules, and procedures. I want to suggest that you must be big on compliance as it is germane to the success of financial institutions. ....

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