Uganda's Remittance Corridors from United Kingdom United States and South Africa: Challenges to Linking Remittances to the Use of Formal Services
Business & Finance, Economics, Development & Growth
| Author: | Endo Isaku; Namaaji Jane; Kulathunga Anoma | ISBN: | 9780821384442 |
| Publisher: | World Bank | Publication: | November 11, 2010 |
| Imprint: | Language: | English |
| Author: | Endo Isaku; Namaaji Jane; Kulathunga Anoma |
| ISBN: | 9780821384442 |
| Publisher: | World Bank |
| Publication: | November 11, 2010 |
| Imprint: | |
| Language: | English |
This report Remittance Corridors to Uganda: United Kingdom United States and South Africa analyzes and compares three bilateral remittance corridors. The comparison highlights similarities and differences and the significance of the remittance-sending countries to Uganda in terms of volume corridor formality risks and vulnerability to money laundering. It also describes Uganda as a remittance-receiving country and outlines the remittance flows market players distribution network access and usage of remittance regulatory framework and measures taken toward anti-money laundering and combating financing of terrorism (AML/CFT). The issues and challenges faced by Uganda are identified and policy recommendations are made for both Uganda and remittance-sending countries.
This report Remittance Corridors to Uganda: United Kingdom United States and South Africa analyzes and compares three bilateral remittance corridors. The comparison highlights similarities and differences and the significance of the remittance-sending countries to Uganda in terms of volume corridor formality risks and vulnerability to money laundering. It also describes Uganda as a remittance-receiving country and outlines the remittance flows market players distribution network access and usage of remittance regulatory framework and measures taken toward anti-money laundering and combating financing of terrorism (AML/CFT). The issues and challenges faced by Uganda are identified and policy recommendations are made for both Uganda and remittance-sending countries.
