The recent collapse of some banks and financial institutions and the merger of others in Ghana is proof that the financial system which consists of institutional units and markets that interact , typically in a complex manner, for the purpose of mobilising funds for investment and providing facilities, including payment systems, for the financing of commercial activity remains unprotected in spite of the presence of the regulator and a solid legal system backing it. From the discussion in class and available lecture, examine some of the difficulties associated with the financial system and how these challenges have been addressed by the bank and specialized deposit taking institutions Act 2016 (Act 903). Are there any novel ways by which some of the challenges may be resolved in your opinion?
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It is to long so can't answer this.. ......
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