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Uganda’s Beneficial Ownership Law Falls Short: Compliance Alone Is Not Enough.

Peter Semagire

Compliance with a rule alone is not a touchstone for effective regulation.

This statement best describes Uganda's recently passed legislation on Beneficial Ownership Information of legal persons.

Uganda passed the following laws; Companies (Amendment) Act 2022, Companies (Beneficial Ownership) Regulations 2022, and Partnerships (Beneficial Ownership) Regulations, 2023 among others that cover beneficial owners.

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