The Bank of Ghana (BoG) has introduced new regulatory guidelines to strengthen the country’s defenses against money laundering, terrorism financing, and the funding of weapons proliferation, in a move aimed at aligning with global compliance standards.
The revised Anti–Money Laundering, Countering the Financing of Terrorism, and Proliferation Financing (AML/CFT/PF) Guidelines, released in September 2025, set out stricter compliance obligations for banks, deposit-taking institutions, and other licensed financial entities.
Under the new framework, institutions must conduct more rigorous customer verification, assess risk exposure systematically, and report suspicious transactions promptly to the Financial Intelligence Centre (FIC).
According to the central bank, the updated guideline is part of broader reforms to strengthen Ghana’s financial integrity and prevent the misuse of its financial system for illicit or terror-related activities.
