The objectives of the Authority are to—

1. enhance the identification of the proceeds of crime and the combating of money laundering & terrorism financing
2. ensure compliance with this Anti-Money Laundering Act, Cap118 (as amended)
3. enhance public awareness and understanding of matters related to money laundering, terrorism financing and proliferation financing.
4. make information collected available to competent authorities and facilitate the administration and enforcement of the laws of Uganda; and
5. exchange information with similar bodies whose countries have treaties, agreements or arrangements with the Government of Uganda regarding money laundering and similar offences.