• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Banking & Finance

Ghana taken off EU’s anti-money laundering list

4 years ago
in Banking & Finance, Business, highlights, Home, home-news, latest News
1 min read
0 0
0
74
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Ghana has finally been taken off the European Union’s (EU) Anti-Money Laundering (AML) list.

Ghana’s removal from the list was announced by the EU’s Financial Action Task Force (FATF) on Friday, June 25, 2021.

The FATF in a statement said it welcomes the significant progress by Ghana in improving its AML/CFT regime, asserting the country has strengthened the effectiveness of its AML/CFT regime.

Adding Ghana has adequately addressed all related technical deficiencies to meet the commitments in its action plan regarding the strategic deficiencies that the FATF identified in October 2018.

“Ghana is therefore no longer subject to the FATF’s increased monitoring process. Ghana will continue to work with GIABA to improve further its AML/CFT regime,” noted the FATF.

Background

Ghana was last year added to a list of 12 countries with weak or deficiencies in Anti Money Laundering and Terrorism financing laws by the EU.

RelatedPosts

Ghana in Trade Talks With US Over Tariffs and Renewal of AGOA, Says President Mahama

Local Bourse Posts 70% YTD Gain on Renewed Interest in Large-Cap Counters

Central Bank Advances Virtual Asset Regulation With Draft Bill and Industry Registration Drive

The list published on May 7, 2020, by the EU also included the Bahamas, Barbados, Botswana, Cambodia, Jamaica, Mauritius, Mongolia, Myanmar, Nicaragua, Panama and Zimbabwe.

According to the EU, the weakness identified in the listed countries possess a serious risk to their financial system hence the action.

Ghana’s Finance Ministry following the country’s inclusion to the list, described the action as surprising and unfortunate, especially when government asserted that they had already taken steps to address all the issues identified by the FATF.

Source: norvanreports
Tags: EU's Financial Action Task Force (FATF)European Union's (EU) Anti-Money Laundering (AML) list
No Result
View All Result

Highlights

In the Balance: Manchester United’s Dreams Hang by a Thread as Amorim’s Future Wavers

FIFA Vice-President Warns European Fans of Late Nights for World Cup 2026 Kick-Offs

UEFA Champions League: Late Drama as PSG, Arsenal, and Qarabağ Continue Winning Streaks

EIA Rattles Oil Markets With Reports of Crude Oil, Product Builds

Dams for Development? Unpacking Tensions in the World Bank’s Hydropower Policies

Chart of the Week: Dollar’s Share of Reserves Held Steady in Second Quarter When Adjusted for FX Moves

Trending

Business

Ghana in Trade Talks With US Over Tariffs and Renewal of AGOA, Says President Mahama

October 2, 2025

Ghana in Trade Talks With US Over Tariffs and Renewal of AGOA, Says President Mahama Ghana has...

Local Bourse Posts 70% YTD Gain on Renewed Interest in Large-Cap Counters

October 2, 2025

Central Bank Advances Virtual Asset Regulation With Draft Bill and Industry Registration Drive

October 2, 2025

In the Balance: Manchester United’s Dreams Hang by a Thread as Amorim’s Future Wavers

October 2, 2025

FIFA Vice-President Warns European Fans of Late Nights for World Cup 2026 Kick-Offs

October 2, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.