Circular to All Accountable Persons for Submitting Annual Compliance Reports to the Financial Intelligence Authority.
It is with great pleasure that I welcome you to the Financial Intelligence Authority (FIA) of Uganda website. FIA was founded in 2014 and its mandate is to fight Money Laundering and combat Terrorism Financing in Uganda. We strive to be the centre of excellence in combating Money Laundering (ML) and Terrorism Financing (TF). We have a strong belief that this can be achieved by fostering the integrity of the financial system through effective detection and prevention of financial crimes with speed and precision.
The International Standards on Anti-Money Laundering and Combating Financing of Terrorism (AML/CFT), requires that countries should identify, assess and understand the Money Laundering and Terrorist Financing (ML/TF) risks that they are exposed to, and should take action at ensuring that the risks identified are mitigated effectively. In fulfillment of this requirement,the Government of Uganda through the Ministry of Finance,Planning and Economic Development, under the co-ordination of the Financial Intelligence Authority (FIA), conducted a National AML/CFT risk assessment. The assessment was concluded in March 2017 and the NRA report produced was considered and adopted by Cabinet in August, 2017.
Obligation of accountable persons to register with the Financial Intelligence Authority (FIA) in accordance with section 21 (pb) of the Anti-Money Laundering Act,2013 (as amended).
As provided in Section 21 (pb) of the Anti-Money Laundering Act, 2013 (as amended), the Financial Intelligence Authority (FIA) is mandated to register all accountable persons as stipulated in the Second schedule to the AMLA and as a result, establish and keep a register of all accountable persons which shall be made available to the general public as provided for under Regulation 3 of the AML Regulations, 2015.
Memorandum of Understanding (MOU) Signing Occasion between Financial Intelligence Authority and Inspectorate of Government: 1st June 2016
Memorandum of Understanding (MOU) signing ceremony between Financial Intelligence Authority (FIA) and Uganda Registration Services Bureau (URSB): 12th February 2016