On 29 August, FATF published this report (also available in French), saying that Ghana has made progress in addressing the technical compliance deficiencies identified in its mutual evaluation review, and has been re-rated on the following FATF Recommendations: Recommendation 8 has been re-rated from NC to Partially Compliant; Recommendation 33 has been re-rated from Partially Compliant to Largely Compliant; and Recommendation 35 has been re-rated from Partially Compliant to Compliant.  Ghana will remain in enhanced follow-up and will report back to FATF-style regional body GIABA on progress achieved on improving the implementation of its AML/CFT measures.  The next report to GIABA is due in May.

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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