Tag: Uganda
Expanding global cooperation: How new jurisdictions commit to CRS exchanges
On 23 April 2024, the Organization for Economic Co-operation and Development (OECD) published a pivotal update, listing jurisdictions newly committed to the Automatic Exchange of Information (AEoI) and CRS Reporting. Taina Tech, which offers a fully automated FARCA and CRS validation platform, has recently commented on what these changes mean.
Zimbabwe bans mobile payments over accusations of “economic sabotage”
Digital payments and trading on the stock exchange has been suspended in Zimbabwe in response to what President Emmerson Mnangagwa’s government called “criminality and economic sabotage," Reuters reported.
Five African nations placed on the FATF’s grey list because their...
The Financial Action Task Force (FATC) has placed Botswana, Ghana, Mauritius, Uganda and Zimbabwe on their grey list, meaning they need to do more to tackle money laundering and terrorism financing.
