Description

Bank of Ghana issued Disclosure and Product Transparency Rules for Credit Products and Services

On 20 February 2017, Bank of Ghana (BoG) issued Disclosure and Product Transparency Rules for Credit Products and Services, emphasising the importance of clear and accurate information delivery to consumers. The rules mandate that lenders provide al…

Scope

Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
central bank

Complete timeline of this policy change

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2017-02-20
in force

On 20 February 2017, Bank of Ghana (BoG) issued Disclosure and Product Transparency Rules for Credi…