The National Anti-Money Laundering (AML)/Countering Financing of Terrorism (CFT) Strategy provides the approach which Uganda has adopted to tackle ML, TF and PF over the next five years. It also presents Uganda’s priorities and objectives in adhering to international standards and obligations set by theFinancial Action Taskforce (FATF). The strategy aims “to secure the nation […]
This Guidance is issued by the Uganda Microfinance Regulatory Authority (UMRA) pursuant to S. 27 of the Anti-Money Laundering Act, 2013 as amended. The Anti- Money Laundering Act, 2013 (the “AMLA”) identifies any person who conducts the business of lending, inter alia; consumer credit, mortgage credit, factoring with or without recourse and financeof commercial transactions […]
Uganda Microfinance Regulatory Authority (UMRA) was established under the Tier4 Microfinance Institutions and Money Lenders Act, 2016 to license, regulate and supervise all Tier 4 Microfinance Institutions and Money Lenders in Uganda. The Tier 4 Institutions include Savings and Credit Cooperatives (SACCOs), NonDeposit Taking Microfinance Institutions, Self Help Groups, and Moneylenders. The Authority hereby informs […]
Uganda Microfinance Regulatory Authority (UMRA) publishes Microfinance Institutions and Money lenders as of May 2023 for the public to transact with.
The Uganda Microfinance Regulatory Authority received funds from the Government of Uganda to be used for the acquisition of 12 Motor Vehicles i.e 9 Double Cabin Pickups and 3 SUV Vehicles.
The overall project objective was to strengthen the ecosystem of Savings Groups by enabling a legal and regulatory environment.
Representatives from MDAs. UMRA Licensees-Money Lenders, Representatives of Media, All the invited Guests in your respective capacities, Ladies and Gentlemen; Good Morning, It is my pleasure to welcome you to the compliance requirements workshop organized by Uganda Microfinance Regulatory Authority. I would like to begin by commending the Directors and Senior Management of Money Lending […]
UMRA wishes to notify all registered societies to regularize their operations by complying with section 6 of the Tier 4 Microfinance Institutions and Money Lenders Act, 2016.