Uganda’s parliament is pushing for extra funding for the Financial Intelligence Authority (FIA) ahead of a scheduled country mutual evaluation review set for 2028 that could reshape the local Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) enforcement agenda, The EastAfrican has learnt.
Whereas Uganda was removed from the Financial Action Task Force (FATF) greylist in February 2024, a follow-up technical review intended to address lagging compliance weaknesses identified in 11 reporting areas is scheduled for 2028 in an exercise that will impact the country’s AML/CFT enforcement ratings.
