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Explanatory Notes on the Revised Risk Management Directive

Explanatory Notes on the Revised Risk Management Directive

Pursuant to Section 92(1) of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930), the Bank of Ghana (BOG) issued the Risk Management Directive (RMD) in November 2021 following consultations with the banking industry (herein called “the industry”) as well as the Bank’s development partners, mainly IMF/AFRITAC West2 Technical Assistance Missions.
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