Credit Reporting Act, 2007 (Act 726)
(1) The Bank shall revoke a licence if the Bank is satisfied that the credit bureau(a) has repeatedly failed to comply with the terms and conditions of the licence,(b) has contravened the provisions of this Act,(c) has contravened the Rules made under this Act,(d) has ceased to satisfy the requirements for licensing and the renewal of a licence, and(e) has ceased to satisfy the requirements on minimum capital for the establishment of a credit bureau.(2) The Bank may revoke or suspend a credit bureau licence for a specified period if the licensee(a) has breached duties imposed under this Act,(b) has breached a code of conduct for credit bureaus issued by or with the permission of the Bank,(c) has breached the provisions of a law which deals with (i) data protection,(ii) computer misuse, or(iii) electronic transactions, and (d) has failed to commence business within six months immediately after the date of issue of the licence.
Subject : Credit reportingProcedure to Follow
Not Avaiable
Responsible Institution
Accra Central
- Email: info@bog.gov.gh
- Website: www.bog.gov.gh
- GPS: GA-065-3452
- Telephone: 233302666174
Relevant Forms to Download
Not Available
Online System
Fees/ charges
Not Avaiable
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