World Bank2013-03-282013-03-282007-08https://hdl.handle.net/10986/13025This 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.en-USCC BY 3.0 IGOABUSEACCOUNTINGACTION PLANACTS OF TERRORISMANTI-CORRUPTIONANTI-MONEY LAUNDERINGANTI-MONEY LAUNDERING LEGISLATIONANTI-TERRORISMARMS TRAFFICKINGASSETSAUCTIONAUDITORSAUTOMATIC TELLERBANK ACCOUNTBANK ACCOUNTSBANK CREDITBANK FRAUDBANKING RELATIONSHIPSBANKING SYSTEMBANKRUPTCYBANKSBEST PRACTICEBEST PRACTICESBOMBINGBRIBEBRIBERYBUSINESS RELATIONBUSINESS RELATIONSBUSINESS RELATIONSHIPBUSINESS RELATIONSHIPSBUSINESS TRANSACTIONSBUSINESSESCAPABILITYCAPACITY BUILDINGCAPACITY-BUILDINGCAPITAL ASSETSCAPITAL MARKETSCERTIFICATECHARITIESCHEMICALSCITIZENSCIVIL LIABILITYCOMBATCOMMERCIAL BANKCOMMERCIAL BANKSCOMMERCIAL LAWSCOMPUTER HARDWARECOMPUTER SYSTEMCOMPUTER SYSTEMSCOMPUTERSCONFIDENCECONFIDENTIALITYCONTROL SYSTEMSCORRUPTCORRUPT PRACTICESCORRUPTIONCORRUPTION ACTCOUNSELCOUNTERFEITCREDIT INSTITUTIONCREDIT INSTITUTIONSCRIMECRIMESCRIMINALCRIMINAL ACTIVITYCRIMINAL INVESTIGATIONCRIMINAL INVESTIGATIONSCRIMINALSCURRENCY EXCHANGECURRENT LAWCUSTOMCUSTOMER IDENTIFICATIONCUSTOMSCYBER CRIMEDAY-TO-DAY OPERATIONSDEPOSITDEPOSITORSDEPOSITSDISCRETIONDOCUMENTSDOMESTIC TERRORISMDONOR SUPPORTDRUG TRAFFICKINGDUE DILIGENCEELECTRONIC SURVEILLANCEENFORCEMENT AGENCIESEXPLOITATIONFACILITATIONFINANCIAL ASSETSFINANCIAL CRIMEFINANCIAL FRAUDFINANCIAL INSTITUTIONFINANCIAL INSTITUTIONSFINANCIAL INTELLIGENCEFINANCIAL INTELLIGENCE UNITFINANCIAL SECTOR ASSESSMENTFINANCIAL SYSTEMFOREIGN CURRENCYFOREIGN EXCHANGEFOREIGN EXCHANGE MARKETFORMAL FINANCIAL SECTORFRAUDGOVERNMENT CORRUPTIONGOVERNMENT OFFICIALSIDIDENTIFICATION INFORMATIONIDENTITY DOCUMENTIMMIGRATIONIMPLEMENTATION PLANIMPLEMENTATION STRATEGYINFORMANTSINFORMATION SHARINGINSPECTIONINSPECTIONSINSTITUTIONINSTITUTIONAL FRAMEWORKINSURANCEINSURANCE COMPANIESINSURANCE POLICIESINTEGRITYINTELLECTUAL PROPERTYINTELLECTUAL PROPERTY RIGHTSINTERDICTIONINTERNAL CONTROLINTERNATIONAL COOPERATIONINTERNATIONAL STANDARDSINVESTIGATIONINVESTIGATIONSINVESTIGATORSJUSTICELAW ENFORCEMENTLAW ENFORCEMENT AGENCIESLAWYERSLEADERSHIPLEADERSHIP CODELEGAL BASISLEGAL CHALLENGELEGAL EXPERTLEGAL FRAMEWORKLEGAL STATUSLEGAL SYSTEMLEGAL SYSTEMSLIABILITYLICENSELIQUIDITYLOANMATERIALMERCHANTMICRO FINANCEMICRO-FINANCEMICRO-FINANCE INSTITUTIONSMICROFINANCEMICROFINANCE INSTITUTIONSMINISTERMINISTERSMONEY LAUNDERERSMONEY LAUNDERINGMONEY LAUNDERING ACTIVITYMONEY LAUNDERING LAWMONEY TRANSFERSMORTGAGEMUTUAL LEGAL ASSISTANCENATIONAL LAWNEW TECHNOLOGIESOFFENSEOFFENSESOPEN ACCESSPENALTIESPENALTYPERSONAL GAINPOLICEPOLICE OFFICERPOLICE OFFICERSPOLICE SERVICEPOLICESPOWERS OF INVESTIGATIONPRIVATE SECTORPRODUCT DEVELOPMENTPROSECUTIONPROSECUTIONSPROSECUTORPROSECUTORSPUBLIC EDUCATIONPUBLIC OFFICIALPUBLIC OFFICIALSRADIOSREAL ESTATERECEIPTRECORD KEEPINGREGISTRATION PROCESSREGISTRYREMITTANCEREMITTANCESRESULTRETENTIONRISK MANAGEMENTROBBERYSAVINGSSAVINGS BANKSEARCHSECURITIESSECURITY OFFICERSECURITY SERVICESERVICE PROVIDERSSMALL BANKSSOLICITOR GENERALSOURCE OF FUNDSSOURCES OF FUNDSSPECIAL OPERATIONSSTAKEHOLDERSSTOCK EXCHANGESUPERVISIONTECHNICAL ASSISTANCETECHNICAL RESOURCESTECHNICAL SUPPORTSTERRORISMTERRORISM ACTTERRORISM ACTSTERRORISTTERRORIST ACTTERRORIST ACTSTERRORIST ATTACKTERRORIST ATTACKSTERRORIST FINANCINGTERRORIST GROUPTERRORIST ORGANIZATIONTERRORIST ORGANIZATIONSTERRORISTSTHEFTTHREATTHREATSTRANSACTIONTRANSACTION REPORTINGTRANSPORTATIONUNIONUSESVERIFICATIONVULNERABILITY ASSESSMENTWARNINGWIRE TRANSFERWorld Bank10.1596/13025