“Ghana conducted a National Anti-Money Laundering, Countering the Financing of Terrorism and Proliferation Financing (AML/CFT&P) Risk Assessment of Ghana in 2024, which identified the mining sector as vulnerable to money laundering, terrorist financing and proliferation financing risks, with an overall medium-high risk rating. In response, the Government of Ghana developed a National AML/CFT&P Policy that designates the Minerals Commission as the competent authority responsible for supervising its regulated entities for AML/CFT&P compliance.

In furtherance of this mandate, these AML/CFT&P Guidelines for Dealers in Precious Metals and Stones (DPMS) have been developed to assist regulated entities, comprising Mining Lease Holders and Small-Scale Mining Lease Holders, to understand and effectively discharge their AML/CFT&P obligations. The Guidelines provide practical compliance direction to strengthen risk controls within the mining sector and support Ghana’s continued compliance with national and international AML/CFT&P standards.”