The Financial Action Task Force ( FATF), a global body mandated to lead action to counter threats of abuse of the financial system by criminals and terrorists earlier this year removed Uganda from the Grey list. This was at the 5th FATF plenary taking place in Paris, France under the two-year Singapore Presidency of T.Raja Kumar.
Our team leader Frédéric BAYARD, and all of us at AML CFT ESCAY Project extended our hearty congratulations to Uganda. In his statement, he reiterated of how proud he was of the collaboration and work we had done together with Uganda to strengthen her AML-CFT structures including, most recently, supporting Uganda to develop a National curriculum on Financial Investigations.
“We also confirmed our commitment to continue supporting Kenya and Namibia, who had unfortunately just been listed on the FATF grey list. We will not give up on the great work we have done together over the years, not only with Kenya and Namibia but with all our other partner countries already on the grey list including South Africa, Tanzania, Democratic Republic of the Congo, Mozambique and South Sudan.”
