DEAN’S MESSAGE
Since 2016, the GIMPA Faculty of Law has been organizing biennial law conferences to provide a collegial platform for the discussion of topical national and international issues, and propose solutions to these. The maiden edition in 2016 was on the theme – International Criminal Court and Africa: A Discussion on Legitimacy, Impunity, Selectivity, Fairness and Accountability in Accra, Ghana. In 2018, the second edition of the GIMPA Law Conference series was organized by the African Centre on Law and Ethics (ACLE) at the GIMPA Faculty of Law under the theme: The Judiciary and its contribution to Ghana after 60: Reflecting on the Past, Analyzing the present, preparing for the future.
The objective of the 2020 edition of the GIMPA Law Conference, as part of the 10th Anniversary Celebrations of the GIMPA Faculty of Law, is to provide a platform for discussions relating to the banking and financial sector crisis in Ghana. This is because, financial sector reform has become topical within the past few years as a result of the collapse of several banks and other financial institutions. The event would thus provide an opportunity for all stakeholders in the financial sector of Ghana’s economy to meet in a collegial environment and debate their ideas leading to concrete resolutions and proposals. We look forward to welcoming you for fruitful deliberations. Professor Justice Sir Dennis Dominic Adjei
Honorific Dean – GIMPA Faculty of Law; Justice of the Court of
Appeal of Ghana and Fellow of the Ghana Academy of Arts and Sciences (FGA)
Financial sector reform is an ideal that governments and central banks periodically focus their attention on. In Ghana, the proliferation of banks, non-banking financial institutions and micro & savings and loans companies in the 2000’s, led to market saturation of levels hitherto unknown. Although laws were enacted and the legal and regulatory framework in respect of the banking and financial sector was strengthened, along the line there was the need for re-capitalization of banks, for instance, due to insolvency issues identified by the Bank of Ghana (BOG). A lack of proper corporate governance structures, weak management and internal (Board) supervision, insider trading, abuse of capital etc. also meant that there was a need to sanitize the system.
Ghana
GIMPA Law Conference Secretariat
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