Image: Bank of Ghana [Photo credit: Kenneth Awotwe Darko]
The Bank of Ghana (BoG) has commenced an audit of remittance activities covering the fourth quarter of last year, from October 1 to December 31, 2024.
This was announced in an official notice issued by the Central Bank today.
According to the BoG, the audit aims to assess the remittance process, recommend improvements to the existing regulatory framework, and ensure full compliance with all relevant regulations, including the Foreign Exchange Act, 2006 (Act 723).
The Bank emphasized that all market participants are required to fully adhere to these regulatory obligations, underscoring its commitment to promoting transparency, efficiency, and integrity within Ghana’s financial ecosystem.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Ghana’s economy must be more diversified – Swiss Ambassador to Ghana
15 seconds -
Government to ban importation of excavators without permit under “No Permit, No Excavator” policy
16 minutes -
Builsa North MCE commends president’s ‘Tree for Life’ initiative
22 minutes -
GH¢1 fuel levy necessary to avert 50% rise in electricity tariffs – Nii Lante Vanderpuye
24 minutes -
Seth Terkper justifies GH₵1 fuel levy
26 minutes -
Illegal mining surges in Western region despite ongoing crackdown – Report
42 minutes -
JoyNews uncovers Chinese firms sold millions of washing detergents without GSA certification
47 minutes -
June 4 Commemoration: Let’s build bridges across our differences – Deputy Interior Minister
1 hour -
Government to ban wooden school furniture, styrofoam food packs
1 hour -
Tarkwa forestry officials attacked by illegal miners in Neung South reserve
1 hour -
Full list of Awardees at the 9th Edition of the Annual CEO Summit
1 hour -
Freedom at last: Court of appeal acquits Ataa Ayi’s alleged accomplice after 23 years in prison
2 hours -
Ishamael Yamson urges President Mahama to ring-fence fuel levy proceeds as promised
2 hours -
Ken Ofori-Atta is not avoiding OSP – Alhassan Tampuli
2 hours -
Consider virtual interrogation of Ken Ofori-Atta – Alhassan Tampuli tells OSP
2 hours