Regulatory Alerts2022-01-01
Capital Markets Authority (Accounting and Financial Requirements) Regulations, 2022
The Capital Markets Authority of Uganda promulgated these 2022 regulations to enforce standardized accounting and financial compliance across all approved market participants. The framework requires entities to maintain accurate records for at least ten years, submit quarterly management accounts and annual audited financial statements, and adhere to external audit mandates. Additionally, the regulations impose category-specific minimum working capital and paid-up share capital thresholds ranging from 20 million to two billion Ugandan shillings, supported by a fixed penalty structure and a twelve-month transitional compliance period.
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