{"id":72765,"date":"2024-05-08T16:46:54","date_gmt":"2024-05-08T16:46:54","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/?p=72765"},"modified":"2024-05-08T15:47:32","modified_gmt":"2024-05-08T15:47:32","slug":"bank-of-ghana-dismisses-reports-that-it-is-introducing-1-cybersecurity-levy","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-dismisses-reports-that-it-is-introducing-1-cybersecurity-levy","title":{"rendered":"Bank of Ghana dismisses reports that it is introducing 1% cybersecurity levy"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Ghana. <\/strong><\/span><b>The Bank of Ghana (BoG) has described social media reports that say it is introducing a one percent cybersecurity levy in response to heightened cybersecurity threats as fake.<\/b><\/p>\n<p>The central bank in a post on its official social media platforms urged the general public to ignore such reports.<\/p>\n<p>Meanwhile, the Governor of the Bank of Ghana Dr Ernest Addison, has said that the central bank would not hesitate to crack the whip on institutions involved in regulatory breaches.<\/p>\n<p>As the regulator, he said, the Bank of Ghana is fully committed to remain vigilant in its oversight operations of all financial institutions in Ghana.<\/p>\n<p>That notwithstanding , he said, banks have continued to breach guidelines that have been set to ensure that the Banking system remains safe and sound and free from all facets of financial crime including money laundering, fraud, terrorist financing, corruption, market manipulation, insider dealings and cybercrime.<\/p>\n<p>\u201cAs the regulator, the Bank of Ghana is fully committed to remain vigilant in its oversight operations of all financial institutions in Ghana. Notwithstanding this, Banks have continued to breach guidelines that have been set to ensure that our banking system remains safe and sound and free from all facets of financial crime including money laundering, fraud, terrorist financing, corruption, market manipulation, insider dealings and cybercrime,\u201d he said.<\/p>\n<p>\u201cLet me note that, to protect depositors, while ensuring the stability and soundness of the banking system, the Bank of Ghana will continue to be vigilant to ensure that banks comply with regulatory requirements and guidelines to build trust and confidence in our financial institutions,\u201d he said at an event for Name change Galla Dinner for FBN Bank, in Accra on Thursday May 2.<\/p>\n<p>BANK OF GHANA\u2019S HIGHER CASH RESERVE REQUIREMENT FOR COMMERCIAL BANKS IS COUNTERPRODUCTIVE \u2013 KWAKYE<\/p>\n<p>He further stated that the banking sector operations and services are rapidly evolving, driven by financial technology advances.<\/p>\n<p>The emergence of fintechs in the financial ecosystem, and their delivery of innovative financial products and services, he said, has rejuvenated the adoption and diffusion of technology in every sphere of banking sector operations, which have supported the financial inclusion agenda.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/ghana\">Ghana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Ghana. The Bank of Ghana (BoG) has described social media reports that say it is introducing a one percent cybersecurity levy in response to heightened cybersecurity threats as fake. The central bank in a post on its official social media platforms urged the general public to ignore such reports. Meanwhile, the Governor of [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":72763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5092,5096,429],"class_list":["post-72765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bank of Ghana dismisses reports that it is introducing 1% cybersecurity levy - Ghana<\/title>\n<meta name=\"description\" content=\"The Bank of Ghana (BoG) has described social media reports that say it is introducing a one percent cybersecurity lev ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-dismisses-reports-that-it-is-introducing-1-cybersecurity-levy\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank of Ghana dismisses reports that it is introducing 1% cybersecurity levy\" \/>\n<meta property=\"og:description\" content=\"The Bank of Ghana (BoG) has described social media reports that say it is introducing a one percent cybersecurity lev ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-dismisses-reports-that-it-is-introducing-1-cybersecurity-levy\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-08T16:46:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/05\/sm_1715170602.775661.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-dismisses-reports-that-it-is-introducing-1-cybersecurity-levy#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-dismisses-reports-that-it-is-introducing-1-cybersecurity-levy\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Bank of Ghana dismisses reports that it is introducing 1% cybersecurity levy\",\"datePublished\":\"2024-05-08T16:46:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-dismisses-reports-that-it-is-introducing-1-cybersecurity-levy\"},\"wordCount\":375,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-dismisses-reports-that-it-is-introducing-1-cybersecurity-levy#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/05\/sm_1715170602.775661.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-dismisses-reports-that-it-is-introducing-1-cybersecurity-levy#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-dismisses-reports-that-it-is-introducing-1-cybersecurity-levy\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-dismisses-reports-that-it-is-introducing-1-cybersecurity-levy\",\"name\":\"Bank of Ghana dismisses reports that it is introducing 1% cybersecurity levy - 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