Anti-Money Laundering and Combating the Financing of Terrorism : Republic of Uganda

This assessment of the anti-money laundering (AML) and combating the financing of terrorism (CFT) regime of Uganda was based on the 2003 Forty Recommendations on Money Laundering and the Nine Special Recommendations on Terrorist Financing of the Financial Action Task Force (FATF) (FATF 40+9), and was prepared using the AML/CFT Methodology of 2004. During the mission, the assessment team met with officials and representatives of relevant government agencies and the private sector. This report provides a summary of the AML/CFT measures in place in Uganda as of the date of completion of the on-site the mission, February 23. 2005. After describing and analyzing those measures, it provides recommendations on how certain aspects of the system could be strengthened. It also sets out Uganda s levels of compliance with the FATF 40+9 Recommendations.

Bibliographic Details

Main Author:	World Bank
Format:	Other Financial Accountability Study biblioteca
Language:	English en_US
Published:	Washington, DC 2007-08
Subjects:	ABUSE, ACCOUNTING, ACTION PLAN, ACTS OF TERRORISM, ANTI-CORRUPTION, ANTI-MONEY LAUNDERING, ANTI-MONEY LAUNDERING LEGISLATION, ANTI-TERRORISM, ARMS TRAFFICKING, ASSETS, AUCTION, AUDITORS, AUTOMATIC TELLER, BANK ACCOUNT, BANK ACCOUNTS, BANK CREDIT, BANK FRAUD, BANKING RELATIONSHIPS, BANKING SYSTEM, BANKRUPTCY, BANKS, BEST PRACTICE, BEST PRACTICES, BOMBING, BRIBE, BRIBERY, BUSINESS RELATION, BUSINESS RELATIONS, BUSINESS RELATIONSHIP, BUSINESS RELATIONSHIPS, BUSINESS TRANSACTIONS, BUSINESSES, CAPABILITY, CAPACITY BUILDING, CAPACITY-BUILDING, CAPITAL ASSETS, CAPITAL MARKETS, CERTIFICATE, CHARITIES, CHEMICALS, CITIZENS, CIVIL LIABILITY, COMBAT, COMMERCIAL BANK, COMMERCIAL BANKS, COMMERCIAL LAWS, COMPUTER HARDWARE, COMPUTER SYSTEM, COMPUTER SYSTEMS, COMPUTERS, CONFIDENCE, CONFIDENTIALITY, CONTROL SYSTEMS, CORRUPT, CORRUPT PRACTICES, CORRUPTION, CORRUPTION ACT, COUNSEL, COUNTERFEIT, CREDIT INSTITUTION, CREDIT INSTITUTIONS, CRIME, CRIMES, CRIMINAL, CRIMINAL ACTIVITY, CRIMINAL INVESTIGATION, CRIMINAL INVESTIGATIONS, CRIMINALS, CURRENCY EXCHANGE, CURRENT LAW, CUSTOM, CUSTOMER IDENTIFICATION, CUSTOMS, CYBER CRIME, DAY-TO-DAY OPERATIONS, DEPOSIT, DEPOSITORS, DEPOSITS, DISCRETION, DOCUMENTS, DOMESTIC TERRORISM, DONOR SUPPORT, DRUG TRAFFICKING, DUE DILIGENCE, ELECTRONIC SURVEILLANCE, ENFORCEMENT AGENCIES, EXPLOITATION, FACILITATION, FINANCIAL ASSETS, FINANCIAL CRIME, FINANCIAL FRAUD, FINANCIAL INSTITUTION, FINANCIAL INSTITUTIONS, FINANCIAL INTELLIGENCE, FINANCIAL INTELLIGENCE UNIT, FINANCIAL SECTOR ASSESSMENT, FINANCIAL SYSTEM, FOREIGN CURRENCY, FOREIGN EXCHANGE, FOREIGN EXCHANGE MARKET, FORMAL FINANCIAL SECTOR, FRAUD, GOVERNMENT CORRUPTION, GOVERNMENT OFFICIALS, ID, IDENTIFICATION INFORMATION, IDENTITY DOCUMENT, IMMIGRATION, IMPLEMENTATION PLAN, IMPLEMENTATION STRATEGY, INFORMANTS, INFORMATION SHARING, INSPECTION, INSPECTIONS, INSTITUTION, INSTITUTIONAL FRAMEWORK, INSURANCE, INSURANCE COMPANIES, INSURANCE POLICIES, INTEGRITY, INTELLECTUAL PROPERTY, INTELLECTUAL PROPERTY RIGHTS, INTERDICTION, INTERNAL CONTROL, INTERNATIONAL COOPERATION, INTERNATIONAL STANDARDS, INVESTIGATION, INVESTIGATIONS, INVESTIGATORS, JUSTICE, LAW ENFORCEMENT, LAW ENFORCEMENT AGENCIES, LAWYERS, LEADERSHIP, LEADERSHIP CODE, LEGAL BASIS, LEGAL CHALLENGE, LEGAL EXPERT, LEGAL FRAMEWORK, LEGAL STATUS, LEGAL SYSTEM, LEGAL SYSTEMS, LIABILITY, LICENSE, LIQUIDITY, LOAN, MATERIAL, MERCHANT, MICRO FINANCE, MICRO-FINANCE, MICRO-FINANCE INSTITUTIONS, MICROFINANCE, MICROFINANCE INSTITUTIONS, MINISTER, MINISTERS, MONEY LAUNDERERS, MONEY LAUNDERING, MONEY LAUNDERING ACTIVITY, MONEY LAUNDERING LAW, MONEY TRANSFERS, MORTGAGE, MUTUAL LEGAL ASSISTANCE, NATIONAL LAW, NEW TECHNOLOGIES, OFFENSE, OFFENSES, OPEN ACCESS, PENALTIES, PENALTY, PERSONAL GAIN, POLICE, POLICE OFFICER, POLICE OFFICERS, POLICE SERVICE, POLICES, POWERS OF INVESTIGATION, PRIVATE SECTOR, PRODUCT DEVELOPMENT, PROSECUTION, PROSECUTIONS, PROSECUTOR, PROSECUTORS, PUBLIC EDUCATION, PUBLIC OFFICIAL, PUBLIC OFFICIALS, RADIOS, REAL ESTATE, RECEIPT, RECORD KEEPING, REGISTRATION PROCESS, REGISTRY, REMITTANCE, REMITTANCES, RESULT, RETENTION, RISK MANAGEMENT, ROBBERY, SAVINGS, SAVINGS BANK, SEARCH, SECURITIES, SECURITY OFFICER, SECURITY SERVICE, SERVICE PROVIDERS, SMALL BANKS, SOLICITOR GENERAL, SOURCE OF FUNDS, SOURCES OF FUNDS, SPECIAL OPERATIONS, STAKEHOLDERS, STOCK EXCHANGE, SUPERVISION, TECHNICAL ASSISTANCE, TECHNICAL RESOURCES, TECHNICAL SUPPORTS, TERRORISM, TERRORISM ACT, TERRORISM ACTS, TERRORIST, TERRORIST ACT, TERRORIST ACTS, TERRORIST ATTACK, TERRORIST ATTACKS, TERRORIST FINANCING, TERRORIST GROUP, TERRORIST ORGANIZATION, TERRORIST ORGANIZATIONS, TERRORISTS, THEFT, THREAT, THREATS, TRANSACTION, TRANSACTION REPORTING, TRANSPORTATION, UNION, USES, VERIFICATION, VULNERABILITY ASSESSMENT, WARNING, WIRE TRANSFER,
Online Access:	http://documents.worldbank.org/curated/en/2007/08/16340026/uganda-mutual-evaluationdetailed-assessment-report-anti-money-laundering-combating-financing-terrorism http://hdl.handle.net/10986/13025
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