12
Jul
Ghana placed 9th in Africa as the most financially secretive country, according to the Tax Justice Network’s Financial Secrecy Index. However, globally, it was ranked 70th with an FSI Share of 0.49%. According to the report, Ghana scored 167 in terms of the Financial Sector Index Value. The FSI Value is a measure of how much financial secrecy the jurisdiction supplies, resulting from the combination of the jurisdiction’s Secrecy Score and Global Scale Weight. The country scored 53% with respect to the Secrecy Score. It got 27% for Banking Secrecy, 50% with respect to Trust and Foundations Register, 15% in terms of Recorded Company…