Sydney Asubo Archives

Sydney Asubo, the Executive Director of the Financial Intelligence Authority

Cryptocurrency operators defy call to register with intelligence agency

The Financial Intelligence Authority (FIA) has expressed frustration over failure by cryptocurrency operators to register with the government agency. Cryptocurrency trading, also known as mining, is a growing global wave which is

May 26, 2021

News & Analysis

Nicholas Opiyo, is a human rights lawyer, founder and Chief Executive of Chapter Four

Chapter Four’s Nicholas Opiyo’s arrest― what actually does the law say about money laundering? How legitimate are the charges against the lawyer?

Tomorrow, December 28th 2020, human rights lawyer, Nicholas Opiyo will appear before the High Court to answer charges of Money Laundering contrary to Sections 3 (c) 116 and 136(1)(a) of the Anti-Money

December 27, 2020

The Big Story

Uganda Assumes Presidency of Eastern and Southern Africa Anti-Money Laundering Group

By Sydney Asubo On the 7th of December 2020, Uganda assumed the Presidency of the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG). Uganda took over the Presidency from the Kingdom of

December 16, 2020

Thought Leadership

REMAIN VIGILANT: Financial Intelligence Authority issues tips on spotting and avoiding financial crimes during Covid-19 pandemic

By Sydney Asubo With people facing confinement or strict social distancing measures, in-person banking and access to other financial services being difficult, and unnecessarily exposes people to the risk of infection. The

May 25, 2020

Banking & Financial Services·The Big Story·Thought Leadership

Sydney Asubo was appointed Executive Director of the Financial Intelligence Authority, effective 1st September, 2015. He is the pioneer Chief Executive Officer of the Authority. His past immediate position was that of Director of Legal Affairs at the Inspectorate of Government which is the main anti-corruption agency in the Republic of Uganda. He has previously worked as a Senior State Attorney in the Directorate of Public Prosecutions in Uganda. He has extensive experience in both prosecuting serious crime and in Criminal Justice Policy work locally and internationally.

Meet Sydney Asubo, Uganda’s chief hunter of money launderers and terrorism financiers

In simple terms, tell us about the Financial Intelligence Authority, its mandate, and why it’s important for a country like Uganda? The background to this all was the phenomenal growth in organised

April 22, 2020

The Big Story

Financial Intelligence Authority (FIA) boss, Mr Sydney Asubo

Delayed IGG investigations report into Bagyenda wealth irks Financial Intelligence Authority

The Executive Director of the Financial Intelligence Authority (FIA) Mr. Sydney Asubo has said his organisation is yet to get any report from the Inspectorate of Government (IG) regarding their findings into

May 7, 2019

Politics & Goverment·The Big Story

Cornered Bagyenda, hides from her own parliament vetting; IGG says report is due

Justine Bagyenda, the sacked former Bank of Uganda, Executive Director in Charge of Supervision, according to leaked reports, deliberately hid from her own appointments hearing by the parliamentary Appointments Committee. This is

September 28, 2018

The Big Story·Thought Leadership

Financial Intelligence Authority probes Bagyenda over money laundering

The Uganda Financial Intelligence Authority (FIA), has formally placed former Bank of Uganda Executive Director, Supervision, Mrs. Justine Bagyenda under investigation over allegations that “the assets and finances she has are not

March 24, 2018

The Big Story