Bank of Ghana Act No. 612

Ghana

(enacted in 2002)

Bank of Ghana Act No. 612 of 2002 is the main law governing the Bank of Ghana. The act establishes the authority and defines the functions of the Bank of Ghana, including that of regulation and supervision of the financial sector.

The act discusses the following key areas related to the Bank of Ghana:

  • Objects and Shares;
  • Administration and Governance;
  • Role of Banker and Fiscal Agent of Government and State Institutions;
  • Credit Control;
  • Domestic Operations;
  • Foreign Operations;
  • Banking Supervision and Research;
  • Accounts and Audit; and
  • General and Supplementary Provisions.