Cover High-Level Summary Technical Assistance Reports
Uganda: Strengthening the Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Regime
Author: International Monetary Fund. Legal Dept.
Series:
High-Level Summary Technical Assistance Reports
Volume/Issue:
Volume 2024: Issue 033
Language:
English
Publication Date:
27 Sep 2024
DOI:
https://doi.org/10.5089/9798400288661.029
ISBN:
9798400288661
ISSN:
2959-4103
Pages:
4
Keywords:
information exchange mechanism; recommendations from a fund CD mission; money remittance sector; Anti-money laundering and combating the financing of terrorism (AML/CFT); Sub-Saharan Africa
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This report summarizes findings and recommendations from a Fund CD mission in Uganda from August 28 to September 1, 2023, in response to a request from the Bank of Uganda (BoU), focusing on AML/CFT measures. Key areas of focus included reviewing the legal and regulatory frameworks, developing operational frameworks for consistent sanction application, and implementing AML/CFT riskrating tools. Recommendations include clarifying roles, strengthening information exchange mechanisms, and enhancing resources for effective AML/CFT supervision to align with Financial Action Task Force (FATF) standards and promote financial integrity.
Cover High-Level Summary Technical Assistance Reports
High-Level Summary Technical Assistance Reports
ISSN:
2957-658X
Publisher:
International Monetary Fund