Tag: European Commission
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Ghana to be removed from EU’s money laundering list
The European Union (EU), has announced plans to take off Ghana from its list of countries noted for money laundering and terrorism financing. This decision is said to have been arrived at during President Nana Akufo-Addo’s two-day working visit to Brussels, Belgium, a statement from the Jubilee House said. “The European Union acknowledged the efforts…
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EU trade commissioner Hogan mulling candidacy for WTO chief
European trade commissioner Phil Hogan is considering putting his name forward as a candidate to be the next director-general of the World Trade Organization,WTO, his spokesman said on Sunday. This is according to Reuters. The WTO post will become vacant at the end of August after incumbent Roberto Azevedo said he would step down a…
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EU’s blacklisting of Ghana over money laundering breaches flawed – Finance Ministry
The Ministry of Finance has described the decision of the European Commission to blacklist Ghana over money laundering breaches as unfortunate. According to the Finance Ministry, the methodology used by the European Commission was flawed, as it failed to communicate with Ghana concerning shortcomings that needed to be improved. The European Commission on 7th May…
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Ghana among 22 countries blacklisted by EU over money laundering breaches
Ghana has been cited as one of four African countries listed by the European Union (EU) for money laundering breaches. The new list also contains eight other countries named by the EU for the same infraction. According to the EU, the issue puts the financial transactions of the said countries under greater scrutiny. The other…