This blogpost focuses on the imposition of compulsory arbitration under the Banks and Specialised Deposit Taking Institutions Act, 2016 (Act 930) and its potential effect on voluntariness required for the enforcement of Arbitral Awards under the New York Convention. In this short essay, I examine whether...
We are delighted to be a contributing firm to the Securitisation Guide with Chambers Global Guides. Our commentary on the Securitisation in Ghana provides expert insights on the industry’s regulatory authorities, companies legal risks, cross-jurisdictional issues and more. Read our chapter for more expert commentary...
The National Labour Commission (NLC) is an adjudicatory body responsible for the settlement of labour disputes in Ghana. Its statutory duties include facilitating the settlement of labour disputes, settling industrial disputes and investigating complaints related to unfair labour practices.[1] After a complaint is filed at the...
The Companies Act, 2019 (Act 992) ( “Companies Act”) is crucial in regulating the corporate landscape of any country, and Ghana is no exception. In Ghana, the Companies Act serves as the cornerstone legislation governing companies' establishment, operation, and dissolution. This comprehensive law provides a...
While violence against women and children persists as a global issue, it is particularly pervasive in nations with patriarchal religious beliefs and cultural practices, such as Ghana. However, the criminalization of domestic violence at the national level has been instrumental in affirmatively establishing domestic violence...
In recent times, our physical and digital streets are filled with people advertising a variety of charitable campaigns in attempts at raising various sums of money for different causes including medical treatment, educational support, natural disaster relief and even funeral support. In February 2021, the Bank...
Corporate innovation refers to how businesses experiment with modern practices, technology, and improved strategies to improve the competitiveness of their business models. Corporations that find that start-ups are ahead of them in innovation may partner with the start-ups to promote corporate innovation and stay competitive. Financial...
Following the unexpected sad exit of the Senior National Team of Ghana, the Black Stars, from the 2022 FIFA World Cup, rumors were replete with allegations that the Ghana Football Association (GFA) officials had appropriated some sums of money to themselves to the detriment of...
Although there is no special legislation to address financial difficulties in large institutions, the CIRA may apply to such companies where the relevant sector-specific legislation does not provide for rescue. The BSDTIA provides for voluntary liquidation and receivership processes for banks and SDTIs (BSDTIA, section...
Punishment is one of the fundamental features of a criminal justice system that differentiates it from civil actions in all jurisdictions in the world. The direct consequence of being convicted of a criminal offence is the punishment which may be given in the form of...