
Business
BoG to take action against 19 unlicensed loan providers
"The activities of these unauthorised entities amount to non-adherence of the consumer protection requirements and an abuse of customer data and privacy laws."
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Business
"The activities of these unauthorised entities amount to non-adherence of the consumer protection requirements and an abuse of customer data and privacy laws."
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Supreme Court News
State Prosecutors have accused the founder of the bank, William Ato Essien, of causing the insolvency of the bank by stealing about GH¢200 million of a GH¢620 million liquidity support given to the bank by the Bank of Ghana (BoG).
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General
The meeting highlighted new strategies being mapped out by the Police Service to counter cash-in-transit robbery attacks and the challenges that are encountered.
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Business
“Beware! Your name shall be published in two daily newspapers of national circulation if you issue a dud cheque for the third time within 3 years,
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General
The amount, which is yet to be utilised, would be disbursed to contractors in accordance with the project work plan,
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Courts
The Bank of Ghana issued a directive described as the Banking Business Corporate Governance Directive in March 2018 under the Banks and Specialised Deposit-Taking Institutions Act.
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Business
According to the Bank of Ghana, these practices are unfair and impact negatively on the financial inclusion agenda of the country.
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General
The PPP has described the remarks by the Governor of the Bank of Ghana as "very unfortunate, misleading and mischievous"
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Business
Speaking at the 43rd Annual General Meeting of the Ghana Association of Banks in Accra, Dr Asiama said artificial intelligence could significantly improve areas such as credit assessment, fraud detection, customer service, risk management a...
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Business
In a statement issued on Tuesday, July 14, the central bank said the decision was taken under Section 13 of the Payment Systems and Services Act, 2019, Act 987.
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Business
In a statement issued on Wednesday, the Bank of Ghana said the Rural Banking Sector has officially been converted into the Community Banking Sector under the Guideline on the Revised Microfinance Sector Framework, 2026.
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Business
In a fresh notice, the central bank made clear that compliance with its Directive on Financial Inclusion for Persons with Disabilities is not optional and that institutions that fall short could face administrative punishment.
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Business
Presenting the directive, Dr Asiama said the central bank’s objective goes beyond regulatory enforcement. In his words, the updated regime is meant to protect every individual and business that places its trust, money and data in the financ...
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General
The caucus says it has formally submitted petitions to the Office of the Special Prosecutor, CHRAJ, and the CID, asking the three bodies to examine how the contract was awarded by the Ghana Gold Board to Deputy Chief of Staff Stan Dogbe.
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Business
The Guidelines for the Registration and Operations of International Money Transfer Operators in Ghana place the fast-growing remittance industry under a much more prescriptive supervisory regime at a time when billions of dollars are being...
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Business
The session, organised jointly with the Securities and Exchange Commission (SEC) and the Financial Intelligence Centre (FIC), forms part of the rollout of Ghana’s new Virtual Asset Service Provider Act.
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Business
In a statement, the central bank said the directives will be issued in partnership with the Securities and Exchange Commission and will provide detailed guidance for the licensing, registration and oversight of virtual asset businesses.
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Business
Governor Dr Johnson Pandit Asiama made the disclosure at the Bank’s annual Nine Lessons, Carols and Thanksgiving Service held at the Bank Square in Accra on Friday, 19 December.
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Others
The ceremony, chaired by Professor Justice Samuel Kofi Date-Bah, who wrote the foreword, was held on the eve of World Competition Day, marked annually on 5 December
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Business
In a statement issued on October 24, the central bank said the adjustment forms part of broader regulatory reforms aimed at bolstering oversight and ensuring the long-term stability of the forex market.
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