In Uganda, Global Financial Integrity (GFI) works with local partners to advocate for a more transparent and robust financial and trade system. GFI produces research and programs specific to how illicit financial flows, corruption and other key issues affect local communities in Uganda. An important aspect of this effort is a focus on fighting corruption and improving transparency in the mining sector in order to reduce illicit financial flows.
Global Financial Integrity (GFI) has partnered with the Advocates Coalition for Development and Environment (ACODE) to produce a series of informational pamphlets. These factsheets examine Beneficial Ownership and IFFs in Uganda. The first provides a Q&A on the Beneficial Ownership Law in Uganda. The second looks at the nexus between illicit financial flows (IFFs) and issue areas that are not always thought of as having an immediate connection to money laundering and corruption, including environmental protection, human rights, natural resource governance, and gender equality in Uganda. This pamphlet employs a series of context-specific case examples that demonstrate these connections and identify key areas for policy improvement. Using this innovative approach, the pamphlet is geared towards the needs of key stakeholders in Uganda and provides the requisite evidence base to advocate for the use of financial transparency and anti-money laundering tools such as beneficial ownership as ways to tackle the negative impacts of illicit financial flows.
Download the PDFs here:
Trade Based Money Laundering: Workshop and Consultative Roundtable
21&22 October, 2021
GFI hosted a two-day virtual workshop & consultative roundtable on Trade-Based Money Laundering (TBML) for Civil Society Organizations in Kenya. The training’s main objective was to shine a light on how TBML affects a country’s economy and day-to-day livelihoods.
Discussion: How are Illicit Financial Flows Affecting Communities in Uganda?
February 24, 2021
Lakshmi Kumar from Global Financial Integrity, Dan Ngabirano from Development Law Associates, James Muhindo from CSCO and Mr. Michael Olupot-Tukei from Financial Intelligence Authority discussed Illicit Financial Flows in Uganda related to money laundering, corruption, environmental protection, human rights, natural resource governance and gender equality.
GFI, in partnership with ACODE Uganda, identified ways to curb illicit financial flows in Uganda’s gold sector.
Why is Beneficial Ownership Transparency important?
Collecting beneficial Ownership information is key to combatting tax evasion, corruption, money laundering , shell companies and terrorism financing.