Ghana

Related publications

29 Aug 2022

Ghana's progress in strengthening measures to tackle money laundering and terrorist financing This follow-up report sets out the progress that Ghana has made in improving its level of compliance with the FATF standards, since their 20198 Mutual Evaluation and ensuing Follow-Up Reports.
15 Dec 2021

Ghana's progress in strengthening measures to tackle money laundering and terrorist financing This follow-up report sets out the progress that Ghana has made in improving its level of compliance with the FATF standards, since their 20198 Mutual Evaluation and ensuing Follow-Up Report.
25 Jun 2021

Jurisdictions under Increased Monitoring - June 2021 Jurisdictions under increased monitoring are actively working with the FATF to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing.
25 Feb 2021

Jurisdictions under Increased Monitoring - February 2021 Jurisdictions under increased monitoring are actively working with the FATF to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing.
23 Oct 2020

Jurisdictions under Increased Monitoring – 23 October 2020 Jurisdictions under increased monitoring are actively working with the FATF to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing. Iceland and Mongolia are no longer subject to monitoring.
30 Jun 2020

Jurisdictions under Increased Monitoring – 30 June 2020 Jurisdictions under increased monitoring are actively working with the FATF to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing.
21 Feb 2020

Jurisdictions under Increased Monitoring – 21 February 2020 Jurisdictions under increased monitoring are actively working with the FATF to address strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing. Trinidad and Tobago is no longer subject to monitoring.
18 Oct 2019

Improving Global AML/CFT Compliance: On-going Process - 18 October 2019 The FATF identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF. The FATF welcomes the significant progress made by Ethiopia, Sri Lanka and Tunisia in improving their AML/CFT regime and as a result, these countries are no longer subject to FATF's monitoring process.
21 Jun 2019

Improving Global AML/CFT Compliance: On-going Process - 21 June 2019 The FATF identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF. The FATF welcomes Serbia's significant progress in improving its AML/CFT regime and as a result, the country is no longer subject to FATF's monitoring process.
22 Feb 2019

Improving Global AML/CFT Compliance: On-going Process - 22 February 2019 The FATF identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
14 Dec 2018

Ghana's progress in strengthening measures to tackle money laundering and terrorist financing This follow-up report analyses Ghana’s progress in addressing the technical compliance deficiencies identified in the mutual evaluation report.
19 Oct 2018

Improving Global AML/CFT Compliance: On-going Process - 19 October 2018 The FATF identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
30 Apr 2018

Ghana's measures to combat money laundering and the financing of terrorism and proliferation This report provides a summary of the AML/CFT measures in place in Ghana as at the date of the on-site visit 19 September-4 October 2016. It analyses the level of compliance with the FATF 40 Recommendations and the level of effectiveness of Ghana’s AML/CFT system, and provides recommendations on how the system could be strengthened.
22 Feb 2013

Improving Global AML/CFT Compliance: On-going process - 22 February 2013 As part of its ongoing review of compliance with the AML/CFT standards, the FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
22 Feb 2013

Outcomes of the FATF Plenary, 20-22 February 2013 The FATF Plenary adopted the Methodology for Assessing Technical Compliance with the FATF Recommendations and the effectiveness of AML/CFT systems; Guidance on AML/CFT measures and financial inclusion and Guidance on conducting National Risk Assessment. The FATF also issued a statement on Turkey, and an update on AML/CFT Improvements in Ghana and Venezuela.
19 Oct 2012

Improving Global AML/CFT Compliance: on-going process - 19 October 2012 As part of its ongoing review of compliance with the AML/CFT standards, the FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
25 Jun 2012

FATF Public Statement - 22 June 2012 The FATF has updated its public statement issued in February 2012 which identifies jurisdictions with strategic anti-money laundering and countering the financing of terrorism (AML/CFT deficiencies.
16 Feb 2012

FATF Public Statement - 16 February 2012 The FATF has updated its public statement issued in October 2011 which identifies jurisdictions with strategic anti-money laundering and countering the financing of terrorism (AML/CFT deficiencies.
28 Oct 2011

Improving Global AML/CFT Compliance: on-going process - 28 October 2011 As part of its ongoing review of compliance with the AML/CFT standards, the FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
24 Jun 2011

Improving Global AML/CFT Compliance: on-going process - 24 June 2011 As part of its ongoing review of compliance with the AML/CFT standards, the FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
25 Feb 2011

Improving Global AML/CFT Compliance: on-going process - 25 February 2011 As part of its ongoing review of compliance with the AML/CFT standards, the FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
22 Oct 2010

Improving Global AML/CFT Compliance: update on-going process - October 2010 As part of its ongoing review of compliance with the AML/CFT standards, the FATF has identified jurisdictions which have strategic AML/CFT deficiencies for which they have developed an action plan with the FATF.
4 Nov 2009

Mutual Evaluation of Ghana Ghana is a member of GIABA, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT measures in Ghana was conducted by GIABA.

Member of

Ratings

Effectiveness

Ratings that reflect the extent to which a country's measures are effective. The assessment is conducted on the basis of 11 immediate outcomes, which represent key goals that an effective AML/CFT system should achieve.

Benin Follow-Up Report 2023

IO1: LE
IO2: LE
IO3: LE
IO4: LE
IO5: LE
IO6: LE
IO7: LE
IO8: LE
IO9: LE
IO10: LE
IO11: LE

Technical Compliance

Definition

Ratings which reflect the extent to which a country has implemented the technical requirements of the FATF Recommendations.

C = compliant | LC = largely compliant | PC = partially compliant | NC = non-compliant

Benin Follow-Up Report 2023

R.1 - Assessing risk & applying risk-based approach: LC
R.2 - National cooperation and coordination: LC
R.3 - Money laundering offence: LC
R.4 - Confiscation and provisional measures: PC
R.5 - Terrorist financing offence: PC
R.6 - Targeted financial sanctions related to terrorism & terrorist financing: LC
R.7 - Targeted financial sanctions related to proliferation: LC
R.8 - Non-profit organisations: NC
R.9 - Financial institution secrecy laws: C
R.10 - Customer due diligence: PC
R.11 - Record keeping: LC
R.12 - Politically exposed persons: PC
R.13 - Correspondent banking: LC
R.14 - Money or value transfer services: PC
R.15 - New technologies: NC
R.16 - Wire transfers: PC
R.17 - Reliance on third parties: LC
R.18 - Internal controls and foreign branches and subsidiaries: LC
R.19 - Higher-risk countries: NC
R.20 - Reporting of suspicious transactions: PC
R.21 - Tipping-off and confidentiality: C
R.22 - DNFBPs: Customer due diligence: PC
R.23 - DNFBPs: Other measures: PC
R.24 - Transparency and beneficial ownership of legal persons: NC
R.25 - Transparency and beneficial ownership of legal arrangements: NC
R.26 - Regulation and supervision of financial institutions: PC
R.27 - Powers of supervisors: C
R.28 - Regulation and supervision of DNFBPs: NC
R.29 - Financial intelligence units: C
R.30 - Responsibilities of law enforcement and investigative authorities: C
R.31 - Powers of law enforcement and investigative authorities: C
R.32 - Cash couriers: PC
R.33 - Statistics: LC
R.34 - Guidance and feedback: PC
R.35- Sanctions: LC
R.36 - International instruments: LC
R.37 - Mutual legal assistance: C
R.38 - Mutual legal assistance: freezing and confiscation: LC
R.39 - Extradition: LC
R.40 - Other forms of international cooperation: LC