BoG declares FX compliance “non-negotiable” as it moves to tighten rules                                 

Johnson Asiama The Bank of Ghana (BoG) has issued a strong warning to banks over compliance with foreign exchange regulations, insisting that adherence to its FX requirements remains “non-negotiable.

Dr Asiama repeated the warning, stressing that banks must ensure full compliance with the central bank’s foreign exchange requirements.

The Bank of Ghana says the consolidated guidelines are intended to provide greater clarity for banks and strengthen compliance across the foreign exchange market.