Audio By Carbonatix
Parliament on Thursday passed the Securities Depository Bill and is awaiting presidential assent.
The law will provide legal backing to bring government instruments and shares onto an electronic system known as the Central Securities Depository CSD.
Currently only government instruments including treasury bills and bonds are on the CSD.
Shareholders will therefore no longer need to keep share certificates as evidence of owning shares as their records will also be kept on the Central Securities Depository.
The move to bring listed shares onto the CSD has been one of the major programmes of the Ghana stock Exchange since last year.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
EPA boss encourages journalists not to relent in their support to fight galamsey
36 minutes -
Domestic Gold Purchasing Programme helped Ghana’s economy during difficult period – IMF
39 minutes -
Ike City Group of Companies touches hearts at Dzorwulu Special School with compasionate donation
56 minutes -
Vehicle exhaust pipes on the left create about 40% more pollution on the road than those on the right – Study
1 hour -
My Response to Dr Bryan Acheampong: Facts must prevail
1 hour -
U.S. and Ghana Armed Forces strengthen medical readiness at SETAF-AF Best Medic Competition
2 hours -
Earlier passage of BoG’s Amendment Bill could have prevented haircuts – Dr. Asiama
2 hours -
Economic stability gains were hard-won through discipline and institutional effort – BoG Governor
3 hours -
GCB Bank rewards customers at first “Pa To Pa” Promo Draw
3 hours -
EC sets March 3 for Ayawaso East by-election
3 hours -
Call for Applications: WikkiTimes launches Anas Aremeyaw Anas AI fellowship
3 hours -
GPL 2025/26: Dreams hold Hearts as Phobians record 8th draw
3 hours -
If you attempt to bribe a police officer now, he will disgrace you; he wants a promotion – IGP Yohuno
3 hours -
Kwabena Adu Koranteng: KGL: Ghana’s most transparent, accountable indigenous corporate brand
3 hours -
This Saturday on Newsfile: NPP presidential primaries, Ofori-Atta, Sedina detention and LGBTQ-tainted manual
3 hours