This Follow up Report (FUR) sets out Uganda's progress in strengthening anti-money laundering and counter terrorist financing measures.
This Follow up Report (FUR) sets out Uganda's progress in strengthening anti-money laundering and counter terrorist financing measures. Uganda has been in an enhanced follow-up process following the adoption of its Mutual Evaluation Report in 2016. In line with the ESAAMLG’s Second Round Procedures for Mutual Evaluations and Follow up Process, the country has reported back to the ESAAMLG on the action it has taken since its December 2020 FUR. Since its 2016 mutual evaluation and its December 2020 FUR, Uganda has made progress in addressing deficiencies against Recommendations 2 and 14 (initially rated PC) and the ratings for these recommendations is upgraded with Largely Compliant (LC). Uganda is now compliant on 14 of the 40 Recommendations and largely compliant on 7 of them. It remains non-compliant on 8 recommendations and partially compliant on 11 Recommendations. Uganda will remain in enhanced follow-up and will continue to inform the ESAAMLG of the progress made in improving the implementation of its AML/CFT measures.
Posted: 07th October 2021
|Memorandum of Understanding|
|Trends and Methods|
|Country National Strategies|
|Compliance and Financial Inclusion|