In its evaluation of Uganda’s efforts to combat money laundering, terrorist financing, and proliferation financing, the FAFT credited Uganda for its “high-level political commitment to work with [the FATF] to strengthen the effectiveness of its Anti-Money Laundering (AML)/Combating the Financing of Terrorism (CFT) regime.
While the FATF’s blacklist has only two countries; North Korea and Iran, the grey list has 23 countries.
Along with Uganda, the grey-listed countries include Albania, Barbados, Burkina-Faso, Cambodia, the Cayman Islands, Gibraltar, Haiti, Jamaica, Jordan, Mali, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Philippines, Senegal, South Sudan, Syria, Turkey, the United Arab Emirates (UAE), and Yemen
