Our financial services regulatory lawyers in Ghana advise financial institutions of all sizes as well as national and international companies that offer financial products.
We advise clients on a wide-range of issues, from regulatory issues affecting the viability of the institution, permissibility of activities and investments, to anti-money laundering compliance, restructuring of boards and senior executive responsibilities, and regulatory investigations and enforcement actions, among others.
Experience has included advising:
- A foreign bank in relation to the takeover of a local bank and the range of issues relating thereto.
- A major Ghanaian bank in relation to the private placement of its shares and the listing of additional shares.
- A South African investment company in relation to its investment by way of a private placement in a Ghanaian Bank.
- A major Ghanaian insurance company in relation to its recapitalization to increase its minimum start-up capital from the Ghana cedi equivalent of USD1 million to USD5 million as part of the measures required by the NIC to improve and maintain the prudential ratios of the company.
- Foreign financial institutions in relation to general jurisdictional opinions on the enforceability under Ghanaian law of the 1992/2002 ISDA Master Agreement, the 1994 ISDA Credit Support Annex as governed by New York law and the 1995 ISDA Credit Support Annex governed by English law and certain transactions entered into thereunder.
- A foreign financial institution in relation to a total return transaction with a Ghanaian bank involving government bonds under the 2002 ISDA Master Agreement and 1995 Credit Support Annex.
- An international bank on its acquisition through a local bank of another bank in Ghana and the steps for the subsequent merger of the two local banks.
- A foreign bank in relation to the takeover of a local bank and the range of issues relating thereto.
- A Ghanaian Bank in relation to the acquisition of majority of its shareholding by another Ghanaian bank.