Circular No.7 issued on 24th February, 2024 to all accountable persons high risk jurisdictions recommendation 19 of the financial action task force (FATF) standards regulation 44 of the anti-money laundering regulations, 2015 (as amended).
Today, 23rd February 2024, The FATF plenary, at its meeting in Paris, reached a conclusion that Uganda has fully implemented its action plan and has removed it from its list of countries under increased monitoring (grey list).
The full details of the statement can be found at https://www.fatf-gafi.org/en/publications/Fatfgeneral/outcomes-fatf-plenary-february-2024.html
Circular to all Accountants.
As you may be aware, Regulation 45 of the Anti-Money Laundering Regulations, 2015 (as amended) requires every accountable person to prepare a compliance report setting out the level of compliance with the act and Regulations and the internal anti-money laundering and combating terrorist financing policy of the accountable person at the end of each calendar year.
The Anti – Terrorism (Declaration of Persons and Organizations Designated by the United Nation as Terrorists, Suspected Terrorists and Terrorist Organizations) Notice.
Directive to financial institutions and designated non-financial businesses and professions on freezing & seizure of assets of designated persons and entities issued under authority of the anti-terrorism regulations 2016.
The Anti - Terrorism (Declaration of Persons and Organizations Designated by The United Nations as Terrorists, Suspected Terrorists and Terrorist Organizations) Notice.
Directive to all accountable persons and the public on freezing and Siezure of assets of designated persons and entities issued under Authority of the anti-terrorism regulations, 2023.