Accra, Ghana – The EMIs Chamber of Ghana has assured the leadership of the Securities and Exchange Commission (SEC) of their commitment to increased collaboration, to help boost the investor base in the securities market.
This was made known during a courtesy call by the leadership of the EMIs Chamber of Ghana on the SEC. The meeting allowed for the new Chamber to share its goals and objectives with Rev. Daniel Ogbarmey Tetteh and his leadership team.
This courtesy call follows similar ones to the National Insurance Commission, the Ghana Deposit Protection Corporation and the Ghana Association of Banks.
On his part the Director-General of the SEC, Rev. Ogbarmey Tetteh, welcomed the team and expressed hope of increased collaboration with the EMIs Chamber to bring more people into the securities market. He went on to share details of the Ghana Capital Market Master Plan, focusing on four pillars: improving product diversity, market liquidity, investor base, market infrastructure, and investor confidence. He also touched on an initiative by the SEC called the FinTech forum which would help deepen the securities market and leverage various sectors.
The Chief Executive Officer (CEO) of the EMIs Chamber of Ghana, Ing. Dr, Kenneth Ashigbey, who was accompanied by representatives from AT Money, G-Money, Mobile Money Limited and Telecel Cash, emphasized the need for partnerships to ensure the securities market is accessible to the general public.
While discussing the many opportunities and challenges within the securities market space, the two teams agreed on the need for capacity building and the development of relevant guidelines to enable the SEC regulate the growing cryptocurrency space in coloration with other relevant institutions.
During the courtesy call, representatives of the two outfits held fruitful discussions on matters ranging from increased collaboration to deal with fraud in the space as well as the need for increased consumer education, among others.
Ing. Ashigbey used the opportunity to invite the leadership of the SEC to the launch of the EMIs Chamber on Thursday October 3, 2024.
About the EMIs Chamber of Ghana
The Chamber was officially registered on March 26, 2024, with a vision to become the leading catalyst for inclusive and innovative digital finance in Ghana. The Chamber’s mission meanwhile, is to foster innovation, enhance regulatory collaboration, and support the growth and sustainability of the digital finance sector.
By representing the unified voice of Ghana’s digital finance ecosystem, the Chamber aims to create a thriving and inclusive financial landscape that benefits all Ghanaians.
Membership
The EMIs Chamber of Ghana proudly represents leading digital finance entities, including AT Money, G-Money, Mobile Money Limited, Telecel Cash, and Zeepay Mobile Money.
Goals and Objectives
The EMIs Chamber aims to:
- Foster Innovation: By encouraging the development and adoption of new technologies and solutions that enhance the efficiency and reach of digital finance services.
- Enhance Regulatory Collaboration: Working closely with government agencies, regulators, and other stakeholders to create a favorable operating environment for digital finance operators.
- Support Growth and Sustainability: Advocating for policies and practices that ensure the long-term success and stability of the digital finance sector.
- Promote Financial Inclusion: Facilitating partnerships and collaborations among different mobile money operators to extend financial services to underserved and unbanked populations in Ghana.
