Capacity Building 2019

The Financial Intelligence Centre trained/engaged 937 stakeholders during the period under review.

Seth facilitating training

During the period under review, Accountable Institutions such as forex bureaus, insurance companies, market operators, selected Designated Non-Financial Businesses and Professions (DNFBPs) and some telecommunication companies were trained. The training sessions were aimed at creating awareness and deepening the understanding of participant’s knowledge on AML/CFT issues as well as their reporting obligations under the Act 749 as amended. The topics for the training programmes included the following:

Know Your Customer/Customer Due Diligence (KYC/CDD) measures.
Money Laundering and Terrorist Financing emerging trends
Findings of the National Risk Assessment
Updates on Ghana’s 2nd Round of Mutual Evaluation
Asset Recovery and Management

Also, at the same workshop, the FIC took the opportunity to register two (2) DNFBPs on the goAML software, the reporting portal for the submission of Suspicious Transactions Reports (STRs) and Cash Transactions Reports (CTRs).

Kofi Boakye facilitating training

The National Pensions Regulatory Authority (NPRA) and the Ghana Police Service were also engaged on Anti-Money laundering compliance regime and conducting parallel financial investigations when investigating Money Laundering and Terrorist Financing cases.

Seth with NPRA officials