Effectiveness of Uganda’s legal and institutional frame work to meet it's regional and international anti-money laundering obligations. a critique.
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Date
2018-02
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala international international: School Of Law
Abstract
The study critically appraises the aspect of ML and the legal and institutional frame work of combating ML in Uganda in relation to the regional and international AML demands with the view of assessing the challenges, lacunas, and hindrances faced by the legal and institutional structure. The major objective of this research is to evaluate the effectiveness and adequacy of the various laws in Uganda to meet the regional and international mandates. The study attempts to address four major Questions. And these are; First: Whether the presence of a comprehensive law on AML provides for its legal and institutional frame work to adequately combat ML. Second: Whether. Though attempted to be addressed, ML in Uganda can be effectively addressed in all Institutional legal structures. Three: Whether ML in Uganda can be addressed on both a regional and international mandate demand. Lastly: Whether the massive Public ignorance on ML and inadequate awareness stimulates ML in Uganda. The research examines the scope of ML from a domestic, regional and international arena and outlines the negative impact of ML on the social economic. And political sphere of a country and also asses the strength of the law. Capacity of the institutions and the adequacy of man power. Political will and enforcement policies to curb ML in Uganda. In conclusion, the study outlines the recommendations on the various ways of tackling ML scourge and in addition, what lacks in the law and the possible ways forward.
Description
A research submitted to the school of law in partial fulfillment of the requirement for award of bachelor of laws of Kampala international university
Keywords
Criminal law, Legal, Institutional frame work, Regional, International anti-money laundering, Uganda