The Anti- Money Laundering Act, 2013 (AMLA) as amended has Non-Government Organizations (NGOs) as accountable persons and therefore are subject to the requirements under the AML legislation and regulations. All NGOs are required by the AMLA and the AML Regulations to fulfill certain obligations. These obligations include: Know Your Beneficiaries and Partners: NGOs must ascertain […]
A non-governmental organization (hereinafter referred to as an “NGO”) is prohibited from operating in Uganda unless it has a valid permit issued by the National Bureau for Non-Governmental Organisations in Uganda, commonly called the NGO Bureau. The requirements for registration of an NGO in Uganda are quite numerous and vary depending on the type of […]
Introduction: As you may know by now, Uganda follows the “Torrens System” of land registration. The Torrens system was first introduced in Uganda by the Registration of Titles Act. It automatically applies to all Mailo land included in any final Mailo certificate and all lands alienated in freehold or leasehold and any transaction relating to […]
Co-ownership of land is where two or more persons concurrently own an interest in land. We feel this topic is not talked about enough. People often buy property together and register it in both their names and consequently become co-owners of the land. They are both entitled to enjoy and use it and claim a […]
A critical analysis of the new Anti-Money Laundering Regulations of 2022 and all you need to know about PEPs.
The Final Investment Decision (FID) was done, but what does this mean for you?
New year, New me! This may have been the new year resolution for your business… And for one reason or the other, you may have decided that change must happen this year!..
Two weeks ago, Ugandan schools finally reopened their classrooms for learners after two years of closure because of the Covid-19 pandemic…..
Rarely do people go to the bank to borrow money with clear intentions of never paying back the money. However, issues often arise and the borrowers feel shortchanged by their lender…
The continuing effect of the COVID-19 pandemic is evident in the unending downsizing of human resource….
