The regional meeting was held from 19th to 20th July, 2023 in Lira District. The meeting focused on enhancing the understanding of the District NGO Monitoring Committees and the key stakeholders about their roles and responsibilities. The Financial Intelligence Authority participated and presented on issues regarding Money laundering, Terrorism Financing, Proliferation Financing and their compliance obligations in related to ML/TF/PF.
In attendence were:
Further to our circular No. 4 issued on 6th March, 2023, we hereby issue Circular No5 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. The FATF held its latest Plenary meeting from 21st – 23rd June 2023 and thereafter issued the following public statements identifying jurisdictions in the following categories:-
The FIA is committed to protecting the integrity of Uganda’s financial system as a foundation for economic growth and social economic transformation.
Therefore, the FIA hereby notifies the public that there are companies and individuals that are taking advantage of the challenging economic times faced by some members of the public to defraud them of their hard-earned savings by promoting false investment schemes and fraudulent ventures.
Today, on the 4th of July 2023, we are thrilled to announce a significant milestone in our ongoing efforts to combat money laundering and terrorist financing crimes. The Financial Intelligence Authority (FIA) of Uganda had the honour of signing a Memorandum of Understanding (MOU) for information exchange and international cooperation with the Financial Intelligence Unit (FIU) of Guatemala.
