Uganda’s experts in the fight against financial crimes have launched a process of conducting a year-long Anti-Money Laundering/Countering Financing of Terrorism and Combating Proliferation Financing (AML/CFT/CPF) self-assessment/evaluation for the country.

The Financial Intelligence Authority was honoured with the Excellence in Virtual Assets Research and Policy Framework Award at the Kampala Blockchain Summit 2024. Presented by the Blockchain Association of Uganda, this award recognizes the FIA’s outstanding contributions to establishing a secure and forward-thinking regulatory environment for virtual assets in Uganda

On Thursday, the minister of state for General duties, Ministry of Finance Planning and Economic Development (MFPED), Hon. Henry Musealize (MP) launched the Money Laundering and Terrorism Financing Risk Assessment on Tax Crimes and Proceeds Report, 2024. The report highlights the deliberate efforts in the fight against money laundering, terrorism financing and associated tax crimes in Uganda

The Customer Due Diligence (CDD) Guidelines for Designated Non-Financial Businesses and Professions (DNFBPs), issued by the Financial Intelligence Authority (FIA), provide a comprehensive framework to help these sectors comply with Uganda’s Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) regulations.

At the recent 48th Taskforce of Senior Officials and ESAAMLG Council of Ministers meeting, Uganda reached a key milestone in its efforts to combat financial crimes. The task force approved Uganda’s request to re-rate on four critical Financial Action Task Force (FATF) Recommendations—namely, Recommendations 19, 24, 26, and 34- now considered Largely Compliant (LC). This approval marks a significant step forward in the country's ongoing work to strengthen its Anti-Money Laundering (AML), Counter-Terrorism Financing (CFT), and Counter-Proliferation Financing (CPF) measures.