The Bank of Ghana (BoG) has rolled out a new National Anti-Money Laundering, Countering the Financing of Terrorism and Proliferation Financing Policy for the 2025–2029 period, as part of efforts to safeguard Ghana’s financial system and sustain investor confidence.
The policy introduces a coordinated, risk-based approach to tackling illicit financial flows, and is informed by findings from the 2024 National Risk Assessment, sectoral risk reviews on virtual assets, and Ghana’s latest mutual evaluation outcomes.
Under the new framework, the central bank is strengthening oversight of banks and other financial institutions, tightening compliance requirements, and enhancing the use of financial intelligence to detect and deter money laundering and terrorism financing activities.
The policy also expands regulatory attention to high-risk sectors, including virtual asset service providers, real estate, gaming, precious metals trading, and non-profit organisations, which have been identified as vulnerable to abuse.
The bank said that the initiative will consolidate recent reforms in the financial sector and help preserve Ghana’s standing following its exit from the Financial Action Task Force grey list.
Authorities believe effective implementation of the policy will reinforce financial stability, protect the integrity of the banking system, and support long-term economic growth.
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