The Financial Intelligence Authority (FIA)and the Uganda Revenue Authority (URA) have designed a digital system to enhance the cross-border declaration of cash and Bearer Negotiable Instruments (BNI)at designated border points, by travelers.
Key stakeholders from Ministries, Departments, Agencies, and development partners (MDAs) in the Anti-Money Laundering and other financial crimes space are meeting to discuss the Regulatory Impact Assessment (RIA) on the Anti-Money Laundering Act and its related regulations, to address gaps in the legislative framework.
Further to our circular No. 10 issued on the 21st February, 2025, we hereby issue Circular No. 11 to notify you of the on-going efforts by the Financial Action Task Force (FATF) to identfy and work with jurisdictions with strategic AML/CTF defeciencies. Read the full Circular here.
Uganda has been delisted from the European Union's list of high-risk third-country jurisdictions with strategic deficiencies in their Anti-Money Laundering (AML)and Countering Financing of Terrorism (CFT)regimes
