Ghana goes for risk-based supervision

The governor of the Bank of Ghana, Paul Acquah, set out how the central bank plans to move towards a risk-based framework for banking supervision.

Acquah's speech focused on Ghana's re-orienting approach to financial regulation caused by Basel II. In this framework. He says that supervisory effort will be directed towards how well banks assess their risks and how actively they are managing these risks and their capital, thereby minimising systemic problems for the entire banking system.

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