(1) The Commission may, in writing, request the Bank of Ghana to provide banking records or information held by a bank or specialized deposit-taking institution on any transaction concerning a person under investigation where die Commission is of the opinion that the bank or specialized deposit-taking institution is a proper person to assist with the investigation.

(2) Where the Bank of Ghana provides the records or information requested, the Commission may request an authorized person of the Bank or institution to provide an explanation on the contents of the records or information, where necessary.

(3) When considering an application from the Commission pursuant to a request for assistance from a foreign securities regulatory authority, die Judge may only refuse the request if:

(a) the request is not made in accordance with the terms of the international agreement or memorandum of understanding between the Commission and the requesting securities regulatory authority; or

(b) criminal proceedings have already been instituted or final punitive sanctions issued in the country, in respect of the same facts and matters and against die same person as is the subject of die request for assistance.

(4) An application under subsection (1; made by die Commission and an appeal made by the Commission or the respondent institution shall be heard in camera.

(5) A provision of this Act shall not be construed to confer on the respondent institution in its capacity as appellant, a right to access die information contained within a request for international assistance.