n Without Prejudice - The devil is in implementation : Africa - Uganda




The parliament of Uganda recently passed the Financial Institutions (Amendment) Act, 2015. In short order, the amendment is aimed at the following aspects of Uganda's banking and finance industry: to provide for Islamic Banking, to provide for Bancassurance (Insurance services provided by Banks), to provide for agent banking, regulation of mobile banking and money transfer, reform of the Deposit Protection Fund and greater access to Credit Reference Bureau services.


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