The Bank of Ghana (BoG), in collaboration with the Securities and Exchange Commission (SEC) Ghana and the Financial Intelligence Centre (FIC), has held a joint Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) sensitisation workshop for Virtual Asset Service Providers (VASPs).

According to a statement released by the Bank of Ghana, the workshop, held on December 22, 2025, forms part of efforts to ensure the effective implementation of Ghana’s newly enacted Virtual Asset Service Provider (VASP) Act.

The engagement brought together more than 90 participants from the virtual asset ecosystem and focused on strengthening AML/CFT compliance across the sector.

“It featured discussions on Ghana’s AML/CFT legal and regulatory frameworks, including the AML Act, 2020 (Act 1044), the AML/CFT Guidelines (2022), and the VASP Act. Emphasis was placed on the designation of VASPs as Accountable Institutions under the AML/CFT Guidelines (2022) and the attendant compliance obligations,” the statement read.

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Participants were also taken through key provisions of the VASP Act, including proposed licensing and registration requirements and transitional arrangements for existing operators.

“Virtual asset services without the requisite licence or registration after the transitional period will attract stringent sanctions in accordance with the law,” participants were warned, according to the statement.

The initiative underscores a coordinated regulatory approach by the BoG, SEC and FIC to promote market stability and protect investors, with the authorities reaffirming that implementation of the VASP Act will remain a major focus of Ghana’s financial regulatory agenda in 2026.

ID/AE