BoG relaxes deadlines for financial institutions - News Summed Up

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BoG relaxes deadlines for financial institutions


Business News of Tuesday, 31 March 2020Source: 3news.comBoG relaxes deadlines for financial institutionsThe BoG has extended the deadline from June to DecemberThe Bank of Ghana has extended almost all deadlines for financial institutions, including when to meet its minimum capital requirement. Though no reasons were given, it is apparent that this has been necessitated by the effects of the coronavirus pandemic. The deadline for meeting the Payment Card Industry Data Security Standard (PCI-DSS) and ISO 27001 certification requirements has also been extended from June to December. The deadline for meeting the minimum infrastructure and governance requirements has also been extended from June to December. Send your news stories to and via WhatsApp on +233 55 2699 625.


Source: GhanaWeb March 31, 2020 10:18 UTC



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