Anti-money laundering’

BoG Intensifies Anti-Money Laundering Efforts To Safeguard Against Potential EU And UK Blacklisting

BoG Intensifies Anti-Money Laundering Efforts To Safeguard Against Potential EU And UK Blacklisting

The Bank of Ghana has announced its proactive measures to prevent the risk of being blacklisted by the European Union and the United Kingdom, emphasizing a commitment to collaborative efforts with key stakeholders in the financial sector. In 2022, Ghana was successfully removed from the EU blacklist following a comprehensive evaluation of its anti-money laundering and counter-terrorism financing regime by the Financial Action Task Force (FATF). Second Deputy Governor Elsie Addo-Awadzi conveyed the Central Bank's determination to work closely with other stakeholders to uphold this achievement. During the Financial Intelligence Centre Ghana's Risk Assessment on Money Laundering and Terrorism Financing…
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