You are a level 200 UGBS206 student who has recently seen numerous banks and financial institutions run into different challenges. Challenges that has made some of them go into liquidation with takeovers all over the country. Examine the processes for the acquisition of licence by Banks and other financial institutions in Ghana establishing the role of the regulator in this industry. In your opinion, do we still need a regulator if the banks are collapsing anyway?
You are a level 200 UGBS206 student who has recently seen numerous banks and financial institutions run into different challenges. Challenges that has made some of them go into liquidation with takeovers all over the country. Examine the processes for the acquisition of licence by Banks and other financial institutions in Ghana establishing the role of the regulator in this industry. In your opinion, do we still need a regulator if the banks are collapsing anyway?
Yes, in my opinion we have a tendency to still want a regulator if the banks area unit collapsing as a result of a regulator is critical to formulate policies and procedures for bar of bank liquidation and additionally take necessary steps to cater to the challenges moon-faced within the economy if major banks during a country liquidate which ends in money instability within the country.
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