The grey listing subjected the country to increased monitoring and raised concerns about its investment attractiveness and credibility as a regional financial hub.
Uganda has been delisted from Financial Action Task Force (FATF) Grey List after four years of implementing reforms needed to combat illicit financial flows. The East African Community (EAC) member state was placed on the list in February 2020 due to strategic deficiencies in Anti-Money Laundering and Countering Financing Terrorism (AML/CFT) measures. According to Uganda’s […]
