Securities Industry (Electronic Communications, Recordkeeping And Off-Channel Communications For The Securities Market) Guidelines, 2026

In the exercise of the powers conferred on the Securities and Exchange Commission by sections 3 and 209 of the Securities Industry Act, 2016 (Act 929), as amended by the Securities Industry (Amendment) Act, 2021 (Act 1062)  and in order to give effect to the objectives of the Commission in protecting investors, ensuring fair, efficient and transparent markets and reducing systemic risk, these Guidelines are issued this on 4th day of September 2026.

(1)  These Guidelines may be referred to as the Securities Industry (Electronic Communications, Recordkeeping and Off-Channel Communications for the Securities Market) Guidelines, 2026.

(2)  These Guidelines shall take effect on the effective date specified in clause 27, subject to the transitional provisions of clause 25.

(a) the market operators listed under section 3 (c) of the Securities Industry Act, 2016 (Act 929), as amended from time to time;

(b) virtual assets service providers under the Virtual Assets Service Providers Act, 2025 (Act 1154) and,

(c) the directors, officers, employees, agents and associated persons of each operator when acting in their capacity as such

(2)  These Guidelines shall apply to all business communications regardless of the device, application, platform or network used and regardless of whether the device or account is owned by the market operator or a third party.

(3)  Part C and clause 7 apply additionally to any person that provides, or seeks to provide, a communication platform to market operators for the conduct of Class III communications, whether or not that person is established in Ghana.

(1)  The purpose of these Guidelines is to ensure that all business communications by market operators are sent and received over approved channels that are capable of being captured, retained, retrieved and supervised, such that a complete and reliable audit trail of regulated business exists and is available to the Commission.