Business News of Wednesday, 9 June 2021Source: www.ghanaweb.comGhana has stepped up efforts to consolidate the gains chalked up on the anti-money laundering (AML) and counter terrorism financing (CFT) reforms in recent times. It followed the successful and timely completion of the action plan drawn by the Financial Action Task Force (FATF) for the country to implement to help strengthen its AML/CFT regimes. It would be recalled that Ghana was placed on the Financial Action Task Force ‘grey list’ as a result of some deficiencies identified in her Anti-Money Laundering regime during its Second Round of Mutual Evaluation Report (MER). The FIC took up the challenge and with the support of relevant stakeholders executed the action plan even ahead of time. Inspite of the completion of the Action Plan, the CEO believes that work must go on unabated to reap the benefits of the action plan.
