Monday, August 3, 2026
  • About
  • Advertise
  • Careers
  • Contact
Insight Post Uganda
  • Home
  • NewsHot
    • Health
    • Politics
    • Religion
    • Lifestyle
    • World News
    • Tourism
    • Environment
    • Agriculture
  • Business
    Vehicles navigate the dusty under-construction Masaka-Kyotera-Mutukula road, where delayed works have disrupted trade, increased transport costs and raised safety concerns.

    Dust, Delays And Billions At Stake As Masaka-Mutukula Road Project Stalls Regional Trade

    Land, Trust and Transformation: How Voluntary Landowners Helped Shape Mukono’s Urban Road Revolution

    Land, Trust and Transformation: How Voluntary Landowners Helped Shape Mukono’s Urban Road Revolution

    PAC Demands Accountability for Shs17.3 Billion Rural Electrification Spending

    PAC Demands Accountability for Shs17.3 Billion Rural Electrification Spending

  • Sports
    Cissy Nantongo

    Sports Fraternity Mourns Former She Corporate Captain Cissy Nantongo

    More Than 400 Arrested After PSG Champions League Celebrations Turn Violent

    More Than 400 Arrested After PSG Champions League Celebrations Turn Violent

    Raheem Sterling Held Over Suspected Drug-Driving Following Motorway Crash

    Raheem Sterling Held Over Suspected Drug-Driving Following Motorway Crash

  • Education
    Minister for the Presidency Hon. Babirye Milly Babalanda hands over science kits to Buyende District officials during the commissioning ceremony for government schools.

    Science Kits Boost Practical Learning in Schools, Raising Hopes for Better STEM Education

    School of Biomedical Sciences

    Makerere University Opens New Laboratory To Advance HIV Cure Research

  • In Luganda
    Betty Nambooze, Mukono Municipality MP

    Kibuule Akubye Mu Nambooze Ebituli, Talina Kyakoledde BannaMukono Okujjako Okujoboja

    Omubaka Gwetwalonda Teyadda-Abekyampisi Betondedde Kibuule

    Omubaka Gwetwalonda Teyadda-Abekyampisi Betondedde Kibuule

    Counsel George Musisi ng'alaga emu ku kaadi mu lukungana lw'amawulire

    Munnamateeka Wa NUP Atambula Nju Ku Nju Ng’ Asaggula Obuwagizi  

  • In Photos
    Ronald Kibuule at Mukono recently.

    Kibuule Poised for Return as Museveni Signals Endorsement in Mukono North

    Katikiro presiding over the opening of the renovated official residence of the Buddu County Chief at Ssaza grounds in Masaka City on Tuesday. Pictures by Robert Nsubuga.

    Pictorial:  Katikiro Mayiga Slams Masaka People Over Poor Hygiene

    Ismael-Kifudde-the-Mukono-Police-Division-Officer-in-Charge-directing-Nambooze-not-to-use-the-route-heading-to-town-center

    Moments of Excessive Force Against Betty Nambooze in Recent General Elections

  • Profiles
    Brig. Gen. Kiyengo (center) posing for the photo with the members of Nakifuma Rotary Club who promised to attend his book launch.

    CUTTING THROUGH HELL: UPDF Medic Chronicles Uganda’s Silent War in Somalia Through Powerful Memoir

    L-R MP Mawogola South (Sembabule)-Goreth Namugga, Councillor Amiri Kiggundu, COTFONE Coordinator-Kayinga Yisito Muddu and Mr Xavier Ejoyi, Country Director ActionAid International Uganda at the award event

    National Citizens’ Integrity Awards 2024: Unsung Heroes Celebrated

    Shaping Perceptions: Patricia Namiwanda, a Blind Advocate Of Change

    Shaping Perceptions: Patricia Namiwanda, a Blind Advocate Of Change

  • Op-Ed
    • Editorial
    • Opinion
  • Login
No Result
View All Result
Insight Post Uganda
Home Editorial

Anti-Money Laundering Act Amendment to Remove NGOs from List of Accountable Persons

Insight Post Uganda by Insight Post Uganda
August 6, 2024
in Editorial
Reading Time: 3 mins read
A A
0
Anti-Money Laundering Act Amendment to Remove NGOs from List of Accountable Persons

The Ugandan government has unveiled plans to amend the Anti-Money Laundering Act, specifically targeting the removal of non-governmental organizations (NGOs) from the list of accountable persons. 

Moses Ogwapus, the Commissioner in charge of Financial Services at the Ministry of Finance, has confirmed the development, saying that the proposed amendment aims to alleviate the regulatory burden on NGOs, a move expected to streamline their operations and enhance their ability to focus on their core missions. 

Related posts

Tayebwa Asks EU to Delist Uganda from Anti-Money Laundering Grey List

Tayebwa Asks EU to Delist Uganda from Anti-Money Laundering Grey List

February 20, 2025
Hard Time for Online Money Lenders as UMRA Issues New Operational Guidelines

Hard Time for Online Money Lenders as UMRA Issues New Operational Guidelines

March 20, 2024

“We are now nearing the final stages of amending the law to remove NGOs from the list of accountable persons,” Ogwapus announced, earning applause from members of the NGO community. 

Ogwapus, who also serves as the Vice Chairperson Uganda Anti-Money Laundering, Countering Financing of Terrorism, and Countering Proliferation Financing, made the remarks on Monday afternoon during the ongoing Sub-Saharan Conference in Uganda.

The conference is focused on exploring how civil society organizations and states can collaborate on countering terrorism financing. 

The Anti-Money Laundering Act of 2013 (as amended) designates NGOs, churches, and other charitable organizations as accountable persons.

This classification subjects them to the full spectrum of Anti-Money Laundering and Countering the Financing of Terrorism. requirements, including customer due diligence and the reporting of suspicious transactions. 

Yona Wanjala, the Executive Director of Defenders Protection Initiative, acknowledges that while Nonprofit Organizations, especially NGOs, could potentially be misused for money laundering and terrorism financing, designating them as accountable persons is both unlawful and not mandated by the Financial Action Task Force (FATF) recommendations.

Wanjala noted that their persistent efforts to amend the law and remove this provision are finally being acknowledged by the government, and they are encouraged by the progress. He believes there are more effective approaches to ensuring NGO compliance.

Robert Kirenga, the Executive Director of the National Coalition of Human Rights Defenders Uganda, emphasized that designating NGOs as accountable persons has been misused to target and obstruct the activities of civil society groups and activists.  

He noted that similar measures in other countries have been employed to weaponize counter-terrorism laws, severely restricting the non-profit sector and limiting access to essential funding. 

“Such provisions have led to the freezing of NGO accounts, arrests of leaders, and raids on offices. Amending this law will allow NGOs to operate without these threats and hindrances,” Kirenga added.  

Over the years, the NGO sector has raised concerns about certain provisions of the Anti-Money Laundering and Countering the Financing of Terrorism. In May 2021, NGOs recommended removing Category 15 from the 2nd Schedule of the Anti-Money Laundering Act, which lists accountable/reporting entities. 

In accordance with international best practices recommended by the Financial Action Task Force (FATF), NGOs proposed that measures to prevent terrorism financing (TF) abuse within the non-profit sector should be specifically targeted. They suggested that only those Not for profit organizations that fit the FATF definition, based on a detailed risk assessment, should be subject to scrutiny.    

Tags: Money Laundry
ShareTweetPin
Previous Post

Prof. Pauline Byakika-Kibwika Appointed New Vice Chancellor of MUST

Next Post

Shadow Cabinet Reject Extravagant Regional Parliamentary Sittings

Related Posts

Sembabule District Land Board Secretary Michael Kakuru (in jacket) and Emmanuel Kananura, the Senior Land Management Officer, after their arrest on Thursday over allegations linked to corruption and abuse of office.
Editorial

Six Sembabule Officials Interdicted Over Corruption Allegations

August 3, 2026
Three District Officials Jailed Four Years Over Public Land Fraud
Editorial

Three District Officials Jailed Four Years Over Public Land Fraud

July 30, 2026
Huawei Proposes Smartphone Tax Cuts as Finance Ministry Signals Review
Editorial

Huawei Proposes Smartphone Tax Cuts as Finance Ministry Signals Review

July 30, 2026
Dr. Tanga Odoi (right), the complainant in the case, and Opondo Dem Gaster (left), who appeared before the Nakawa Chief Magistrate's Court on charges of allegedly unlawfully obtaining and disclosing Odoi's personal data.
Editorial

Ofwono Opondo’s Brother Charged, Remanded Over Alleged Disclosure Of Tanga Odoi’s Personal Data

July 27, 2026
Two Works Ministry Engineers Suspended Over Alleged Misuse Of Busega Mpigi Expressway Funds
Editorial

Two Works Ministry Engineers Suspended Over Alleged Misuse Of Busega Mpigi Expressway Funds

July 14, 2026
Government Unveils Plan for Specialized Technical University
Editorial

Government Unveils Plan for Specialized Technical University

July 13, 2026
Next Post
Shadow Cabinet Reject Extravagant Regional Parliamentary Sittings

Shadow Cabinet Reject Extravagant Regional Parliamentary Sittings

RECOMMENDED NEWS

Government Announces Official Burial Programme For Gen. Moses Ali

Government Announces Official Burial Programme For Gen. Moses Ali

2 weeks ago
Prof. Nuwagaba’s Journey to Bank of Uganda

Prof. Nuwagaba’s Journey to Bank of Uganda

1 year ago
Msgr. Charles Kasibante reading from the Missal during Mass in a previous occasion.

Kampala Archbishop Replaces Vicar General Kasibante    

1 year ago
Martyrs Day 2024; Multitudes Flock Catholic Shrines, Jammers Render Media Useless

Martyrs Day 2024; Multitudes Flock Catholic Shrines, Jammers Render Media Useless

2 years ago

FOLLOW US

Insight Post Uganda

We bring you the most balanced news professionally investigated by our news team. The Insight Post is Uganda’s News company regulated by the Uganda Communications Commission.

Follow us on social media:

Recent News

  • Six Sembabule Officials Interdicted Over Corruption Allegations
  • Dust, Delays And Billions At Stake As Masaka-Mutukula Road Project Stalls Regional Trade
  • Kayunga LC1 Chairperson Pledges Free Services, Sanitation Drive

Category

  • Agriculture
  • Business
  • Editorial
  • Education
  • Environment
  • Health
  • Lifestyle
  • Luganda
  • News
  • Opinion
  • Photos
  • Politics
  • Profiles
  • Religion
  • Runyankole
  • Security
  • Sports
  • Tourism
  • Uncategorized
  • World News

Recent News

Sembabule District Land Board Secretary Michael Kakuru (in jacket) and Emmanuel Kananura, the Senior Land Management Officer, after their arrest on Thursday over allegations linked to corruption and abuse of office.

Six Sembabule Officials Interdicted Over Corruption Allegations

August 3, 2026
Vehicles navigate the dusty under-construction Masaka-Kyotera-Mutukula road, where delayed works have disrupted trade, increased transport costs and raised safety concerns.

Dust, Delays And Billions At Stake As Masaka-Mutukula Road Project Stalls Regional Trade

August 2, 2026
  • About
  • Advertise
  • Careers
  • Contact

© 2024 The Insight post Uganda - The Insight post uganda. Site Powered by Bookablehood Ltd.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
error: Content is protected !!
en_USEnglish
en_USEnglish
No Result
View All Result
  • Home
  • Politics
  • Business
  • Sports
  • Lifestyle
  • Tourism
  • Opinion

© 2024 The Insight post Uganda - The Insight post uganda. Site Powered by Bookablehood Ltd.