KAMPALA, UGANDA – Uganda’s financial sector is facing a significant threat as Savings and Credit Co-operatives (SACCOs) and Microfinance Institutions (MFIs) continue to flout Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) regulations. The failure to comply with these regulations puts Uganda at risk of being grey-listed by the Financial Action Task Force (FATF), a global watchdog […]
