Ghana has reaffirmed its commitment to combating money laundering, terrorist financing and proliferation financing in the national interest and in fulfilment of its international obligations.
Mr Thomas Ampem Nyarko, Deputy Minister for Finance, stated this at the opening of the on-site Mutual Evaluation of Ghana’s Anti-Money Laundering, Counter-Terrorist Financing and Counter-Proliferation Financing (AML/CFT/CPF) regime in Accra.
He said the Government’s commitment to addressing financial crimes was unwavering and aimed at safeguarding economic stability, protecting the financial system and preserving investor confidence.
Mr Nyarko said the fight against money laundering, terrorist financing and proliferation financing was no longer the responsibility of a few regulatory institutions.
He said it was a shared national obligation with implications for economic security, governance and Ghana’s credibility in the global financial system.
Mr Nyarko said Ghana had demonstrated sustained political will through strengthened inter-agency coordination, improved use of financial intelligence and a focus on tangible outcomes, including investigations, prosecutions, convictions and asset recovery.
He acknowledged the evolving risks associated with financial crimes and said the country had established a responsive framework capable of adapting to emerging threats.
Mr Nyarko said the mutual evaluation should be viewed as a constructive process to strengthen effectiveness and align Ghana’s systems with international best practices.
He assured that the Government would continue to deepen reforms, promote transparency and strengthen institutions to sustain progress in the fight against financial crimes.
