Friday, April 24, 2026
  • About
  • Advertise
  • Careers
  • Contact
Insight Post Uganda
  • Home
  • NewsHot
    • Health
    • Politics
    • Religion
    • Lifestyle
    • World News
    • Tourism
    • Environment
    • Agriculture
  • Business
    UNBS Impounds GM Sugar Trucks Over Untraceable Sugar: Public Health Fears Rise

    UNBS Impounds GM Sugar Trucks Over Untraceable Sugar: Public Health Fears Rise

    ICPAC

    ICPAU Lists 275 Licensed Accounting Firms in 2026 Register

    launch,

    Gov’t Launches Posta Uganda E-Commerce Platform to Boost Digital Trade

  • Sports
    Dr. Dennis Mujimba, Chairperson of the Communications and Signage Sub-Committee of the AFCON 2027 Local Organising Committee (LOC),

    Uganda Fast-Tracks AFCON 2027 Projects with UGX130 Billion Boost

    SFC Crowned Champions of 17th CDF Cup in Masaka City

    SFC Crowned Champions of 17th CDF Cup in Masaka City

    Wazalendo SACCO officials, UPDF participants, organisers, and hosts pose for a group photo after the handover of sports kits in Masaka.

    Wazalendo SACCO Donates Sports Kits to 20 UPDF Teams in 2025 CDF Cup

  • Education
    Defilement

    Head Teacher Arrested Over Alleged Defilement of Pupils

    Parliament Passes National Teachers Bill, Raising Entry Requirements

    Parliament Passes National Teachers Bill, Raising Entry Requirements

  • 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

Christopher Okello Onyum, the man accused of killing four toddlers at Ggaba Early Childhood Development Centre.
Editorial

Okello Has Case to Answer, Court Rules

April 23, 2026
Hussein Dak Taewaiko, and Pamela Tumwebaze
Editorial

Murder Case of Former UCU Students Affairs Director Adjourned as Investigations Continue

April 22, 2026
Nameere and Frank Bwekumbule
Editorial

Nameere at Centre of Storm Over Arrest of Critical Journalist, TikTokers in Masaka

April 22, 2026
Namiryango High School students at Mukono Police
Editorial

Students Taken to Police Over Dormitory Sex Scandal at Namiryango

April 18, 2026
Empty seats at the Mukono Ministerial Zonal Office, highlighting absenteeism concerns among staff under investigation.
Editorial

IGG Summons Mukono MZO Officials Over Absenteeism

April 17, 2026
Troubled HR officer Aaron Kayinga during a recent appearance as scrutiny mounts over his halted promotion and past fraud allegations.
Editorial

IGG Halts Promotion of Senior Human Resource Officer Over Fraud Allegations

April 17, 2026
Next Post
Shadow Cabinet Reject Extravagant Regional Parliamentary Sittings

Shadow Cabinet Reject Extravagant Regional Parliamentary Sittings

RECOMMENDED NEWS

Hon. Babirye Milly Babalanda plants a tree during the International Women’s Day celebrations in Buyende District.

Minister Babalanda Calls for Women’s Active Role in Money Economy

4 weeks ago
A round table discussion with the different government officials and the young mothers.

Empowering the Forgotten: Ugandan-Canadian Projects Uplift Young Mothers and Children’s Rights

11 months ago
Boats at Katosi landing site.

Tragedy Strikes: Five Feared Dead as Boat Capsizes on Lake Victoria

3 years ago
Masaka Court Frees 12 NUP Supporters as Robbery Charge Dropped

Masaka Court Frees 12 NUP Supporters as Robbery Charge Dropped

7 months 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

  • Head Teacher Arrested Over Alleged Defilement of Pupils
  • Masaka NRM Leadership Split Over Missing Land Title
  • UNBS Impounds GM Sugar Trucks Over Untraceable Sugar: Public Health Fears Rise

Category

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

Recent News

Defilement

Head Teacher Arrested Over Alleged Defilement of Pupils

April 24, 2026
Peter Ssenkungu

Masaka NRM Leadership Split Over Missing Land Title

April 24, 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.