Our financial services regulatory lawyers in Uganda advise financial institutions of all sizes as well as national and international companies that offer financial products.
We advise clients on a wide-range of issues, from regulatory issues affecting the viability of the institution, permissibility of activities and investments, to anti-money laundering compliance, restructuring of boards and senior executive responsibilities, examination criticisms and regulatory investigations and enforcement actions, among others.
Experience has included advising:
- Overseas Private Investment Corporation (OPIC) on the Ugandan-law aspects of the transfer of OPIC’s functions, personnel, assets, and liabilities to the United States International Development Finance Corporation.
- Bank of Uganda as projects counsel in conducting a regulatory legal audit and due diligence on domestic commercial banks including Greenland Bank, National Bank of Commerce and ABC Capital Bank
- Citibank and Standard Chartered Bank in special-case financial institutions’ law compliance programs.
- Bank of Africa Uganda, as a complainant, in relation to the prosecution of fraud and embezzlement proceedings against former bank employees involved in rogue-trading activities in the forex markets.
- Total, Mogo Finance and MKOPA on the regulatory implications of non-deposit lending and interest-bearing products.
- Bank of Uganda in connection with a landmark breach of trust and fiduciary duty claim against the former shareholder of a distressed financial institution and a related party to the shareholder.
- Standard Chartered Bank in formulating its response to United Nations Resolutions 1970 (2011) and 1973 (2011) imposing a wide-scale asset-freeze of the funds, financial assets and other economic resources owned by Colonel Muammar al-Qadhafi and his family.
- Band 1 – General Business Law (Chambers & Partners 2019)
- Tier 1 – Financial and Corporate (IFLR1000 2019)