The West African Institute for Financial and Economic Management, WAIFEM says Ghana is well positioned to lead the sub-region in the fight against Money Laundering. This is despite earlier reports indicting Ghana as not duly implementing international recommendations for combating money laundering. According to the institute, although the menace is increasingly becoming complex and hard to track, financial institutions in the sub region are responding favourably. Speaking to JOY BUSINESS, the Director General, Professor Akpan Ekpo cited the use of modern digital technology by these institutions among others. “Both the Central Banks and Commercial Banks have put in place new technologies to detect different devices used in laundering money which has proved to be quiet effective. Also is collaboration amongst the College of Central Bank Regulators and also with international organizations to share best practice information to combat the menace”.