{"id":130096,"date":"2023-12-12T10:28:42","date_gmt":"2023-12-12T10:28:42","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/12\/12\/well-protect-deposits-pensions-investors-funds-assets-fsc-on-debt-exchange\/"},"modified":"2023-12-12T10:28:42","modified_gmt":"2023-12-12T10:28:42","slug":"well-protect-deposits-pensions-investors-funds-assets-fsc-on-debt-exchange","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/12\/12\/well-protect-deposits-pensions-investors-funds-assets-fsc-on-debt-exchange\/","title":{"rendered":"We\u2019ll protect deposits, pensions, investors\u2019 funds, assets \u2013 FSC on debt exchange \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Financial Stability Council on December 14, 2021, assured Ghanaians that their deposits, pensions, investors\u2019 funds, and assets would be protected amidst the debt exchange programme.<\/p>\n<p>The Financial Stability Council, which was established in December 2018 by Executive Instrument to \u201cidentify and evaluate the threats, vulnerabilities, and risks to the stability of the financial sector\u201d, has said in keeping with its mandate, it will \u201ccontinue to closely monitor\u201d the impacts of the government\u2019s recently-launched debt exchange programme on financial institutions and on the financial system as a whole.<\/p>\n<p>It has, thus, outlined some measures to be rolled out to guide the process and mitigate the negative impact of the programme.<\/p>\n<p>\u201cThese measures will be reviewed continuously and recalibrated as needed to ensure maximum effectiveness to safeguard the stability of our financial system and the protection of deposits, pensions, policy holders\u2019 funds, and investor funds\/assets,\u201d the council said.<\/p>\n<p>The council is chaired by the Governor of the Bank of Ghana and has members from the Bank of Ghana (Deputy Governor), Ministry of Finance (Deputy Minister), Securities and Exchange Commission (Director General), National Insurance Commission (Commissioner), National Pensions Regulatory Authority (Chief Executive Officer), and Ghana Deposit Protection Corporation (Chief Executive Officer).<\/p>\n<p><strong>Source:\u00a0<\/strong>www.ghanaweb.com<\/p>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Financial Stability Council on December 14, 2021, assured Ghanaians that their deposits, pensions, investors\u2019 funds, and assets would be protected amidst the debt exchange programme. The Financial Stability Council, which was established in December 2018 by Executive Instrument to \u201cidentify and evaluate the threats, vulnerabilities, and risks to the stability of the financial sector\u201d, has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":130097,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-130096","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>We\u2019ll protect deposits, pensions, investors\u2019 funds, assets \u2013 FSC on debt exchange \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/12\/12\/well-protect-deposits-pensions-investors-funds-assets-fsc-on-debt-exchange\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We\u2019ll protect deposits, pensions, investors\u2019 funds, assets \u2013 FSC on debt exchange \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Financial Stability Council on December 14, 2021, assured Ghanaians that their deposits, pensions, investors\u2019 funds, and assets would be protected amidst the debt exchange programme. 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