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MUTUAL EVALUATIONS


12TH FUR OF UGANDA-SEPTEMBER 2023

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 September 2022 FUR. Uganda has made significant overall progress in resolving the technical compliance shortcomings identified in its MER and ratings for 5 Recommendations have been revised. The jurisdiction has addressed the deficiencies in respect of Recommendations 1 (PC), 24 (NC), and 27 (PC). The ESAAMLG upgraded the rating for R27 with Compliant (C) and the rest two with Largely Compliant (LC). In relation to Recommendations 7, 8 and 24 (initially rated NC), ESAAMLG agreed to re-rate Uganda with Partial Compliant (PC) since moderate shortcomings still remain on the three 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.

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 Posted:  04, Dec 23