About Us | Financial Intelligence Centre, Ghana

Who We Are

The Financial Intelligence Centre (FIC) was established by section 4 of the Anti-Money Laundering Act, 2008 (Act 749) as amended. It is a body corporate with perpetual succession and a common seal and may sue and be sued in its corporate name. The FIC may for the performance of its functions acquire and hold movable and immovable property and may enter into a contract or any other transaction

Our Mandate

The FIC is the National Centre for the receipt and analysis of suspicious transaction reports and other information relevant to predicate offences of Money Laundering/ Terrorist Financing and Proliferation Financing (ML/TF&P) and to disseminate actionable intelligence to competent authorities. The FIC also has the mandate to request for additional information from Accountable Institutions and Designated Non-Financial Businesses and Professions (DNFBPs) in Ghana. The DNFPs include lawyers, accountants, notaries, auctioneers, religious bodies, non-governmental organisations, real estate developers or agents, gaming sector, dealers in precious metals and precious stones and dealers in motor vehicles.

The FIC is part of a global networks and can access timely information on criminals transcending national borders. These networks include GIABA, EGMONT GROUP, ARIN-WA, and FFIUs among others. The FIC also participates in a number of international fora and conferences where emerging trends of money laundering and terrorist financing schemes are shared for deepening awareness and also for monitoring purposes.

Receive suspicious transaction and activity reports from reporting entities
Analyse financial intelligence and disseminate it to law enforcement agencies
Supervise reporting entities for AML/CFT compliance
Cooperate with domestic and international counterparts, including the Egmont Group

Some Statistics About What We Do

Our impact and key reporting metrics at a glance

4,446

Suspicious Transactions Reports Received

12,040,067

Cash Transactions Reports Received

3,044

Currency Declaration Reports Received

4,634,788

Electronic Transaction Reports Received

Key Compliance & Supervisory Operations

✓ Accountable Institutions submit quarterly, half-yearly, and annual reports on their levels of compliance.

✓ Bank of Ghana continues to apply its administrative sanctions regime to enforce compliance on AML/CFT (19 banks sanctioned for non-compliance).

✓ Support in conducting Positive and Nominal Vetting on shareholders and directors of financial institutions.

✓ Conducts AML/CFT awareness creation for Accountable Institutions.