The FIA has recently reiterated that investment funds and asset managers subject to the AMLA in the fight against money laundering and terrorism financing (ML/TF), as amended 2019 (the AML Law) and should thus be registered on “goAML” to submit suspicious and large cash transaction reports.

From Monday 16th November 2020 to Wednesday 18th November 2020, the FIA hosted the Head of IT of the Somalia Financial Reporting Centre (FRC) Engineer Ahmed Said at the FIA offices to provide technical support and guidance on various areas of operation of FIUs.

In 2019, Uganda became the second country in East Africa after Tanzania to launch a new reporting platform developed by the United Nations Office on Drugs and Crime to curb organized crimes. Uganda’s Financial Intelligence Unit launched the new anti-money laundering platform 'goAML’, which has been open for registration since July 2019.

The Financial Intelligence Authority (FIA) has commenced the National ID Card verification exercise as one of the activities emanating from the MOU between the FIA and NIRA, the National Identification and Registration Authority. Machines that make it possible to read details technologically encrypted on Uganda’s National IDs were handed over to the Financial Intelligence Authority by NIRA officials, a move expected to ensure accuracy of data captured with regards to the designated goAML platform Web Users.

The Financial Intelligence Authority (FIA) has signed a memorandum of understanding (MoU) with the National Identification and Registration Authority (NIRA), granting the FIA ease of access to data on citizens’ national IDs as one of the ways to fighting money laundering and terrorism financing.

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FIA-NIRA MoU Signing