Prudential Supervision at the Bank of Ghana (NBFIs)

Prudential Supervision at the Bank of Ghana (NBFIs)

Client: Bank of Ghana

Skills: Risk Management, regulory oversight, bank supervision

Tags: regulations, training, risk

Visit Website: https://bog.gov.gh/

Under the auspices of the World Bank, Gary Rushin authored all Ghanaian Non-Bank Financial Institutions (NBFIs) prudential regulations, in a country that lacked mature bankruptcy regulations and depository insurance, in accordance with the Basle Accords. NBFIs encompassed saving banks, credit unions, foreign exchange bureaus, acceptance houses, venture capital companies, discount houses, building societies, and mortgage finance-, leasing-, and finance companies.   Successfully recommended strengthen against default and systematic risks and to protect depositors while allowing a competitive market to function efficiently and converting the Ghana Cooperative Credit Unions Association into a self-regulatory organization for credit union oversight.

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