Page 59 - ACCESS ANNUAL REPORT 2019

Cyber Security and Combatting
External Threats
In 2019 the Ban continued its efforts at addressin the ris s o oney aunderin , errorist inancin and the inancin o Proli eration o eapons o ass Destruction as they relate to its operations. he o ective was to achieve ull compliance with our compliance o li ations extant laws, re ulations and uidelines directives and e ahead o the ever evolvin re ulatory landscape with particular emphasis on preventive controls.
Policies In line with the Ban ’s policy, a comprehensive review o all Anti oney aunderin Com atin the inancin o errorism A C related policies o the Ban was carried out in the period under review with the aim o ein ahead o the menacin scour e o C related ris s. his included the review o the Ban ’s A C Policy, Compliance anual and Internal Ris Assessment ramewor .
rainin As part o the annual Compliance Pro ramme, Ban wide trainin s were or ani ed or all employees in line with the Ban o Ghana & inancial Intelli ence Centre’s A C Guidelines 201 , which mandates financial institutions to desi n and implement comprehensive employee education and trainin pro rammes.
his o ective has always een remove nowled e aps and increase understandin o participants on A C P ris s whiles stren thenin their resolve to fi ht oney aunderin .
Anti Bri ery and Corruption ABC As part o the Ban ’s ABC Pro ramme or 2019, Anti Bri ery and Corruption trainin was conducted or all staff o the Ban . ABC trainin was also or anised or vendors across the Ban .
histleBlower Staff and endors have een trained on the need to report wron doin or unethical ehaviour in the Ban . hey were also ta en throu h the availa le channels or reportin wron doin s or unethical ehaviours.
A CA he orei n Account ax Compliance Act A CA re uires that all orei n inancial Institutions identi y American taxpayers who hold or intend to hold accounts with them and report in ormation on these accounts to the nited States Internal Revenue Service.
58
In 2019, reviews were continuously carried out on all accounts opened with A CA credentials to confirm whether or not they were properly classified in the Ban ’s data ase and to that end, i they ualified or A CA reportin , iven the level o activity transactions on them per A CA reportin re uirements. easures were also put in place to ensure that all A CA customers have the re uisite documents 9 and Indemnity .
Annual Report
growth through innovation
driving sustainable