Recommendation 19 of the FATF standards

Regulation 44 of the AML Regulations 2015

Further to our circular No. 5 issued on 11th July, 2023, we hereby issue Circular No. 6 to notify you of the on-going efforts by the Financial Action Taskforce (FATF) to identify and work with jurisdictions with strategic AML / CFT deficiencies. After the FATF Plenary meeting that was held from 25th- 27th October 2023, FATF has issued the following public statements identifying jurisdictions in the following categories:

DIRECTIVE TO ALL ACCOUNTABLE PERSONS AND THE PUBLIC ON FREEZING AND SEIZURE OF ASSETS OF DESIGNATED PERSONS AND ENTITIES ISSUED UNDER AUTHORITY OF THE ANTI-TERRORISM REGULATIONS, 2023.

DIRECTIVE TO ALL ACCOUNTABLE PERSONS AND THE PUBLIC ON THE FREEZING AND SEIZURE OF ASSETS OF DESIGNATED PERSONS AND ENTITIES ISSUED UNDER AUTHORITY OF THE ANTI-TERRORISM REGULATIONS,2023 

DIRECTIVE TO ALL ACCOUNTABLE PERSONS AND THE PUBLIC ON FREEZING AND SEIZURE OF ASSETS OF DESIGNATED PERSONS AND ENTITIES ISSUED UNDER THE AUTHORITY OF ANTI-TERRORISM REGULATIONS , 2023

The Hon. Minister of State for General Duties - Mr. Henry Musasizi, on the 29th August, 2023, presided over the handover of office by Mr. Sydney Asubo - former Executive Director at the Financial Intelligence Authority, to the new Executive Director, Mr. Samuel Were Wandera.

Mr. Musasizi thanked the Management of the Financial Intelligence Authority for the smooth handover and asked the new Executive Director to expedite the process of getting Uganda off the grey list.