Regulatory Alerts2005-01-01
Financial Institutions (Capital Adequacy Requirements) Regulations, 2005
The Central Bank of Uganda issued these 2005 regulations to establish mandatory capital adequacy standards for all licensed financial institutions in the country. The rules mandate minimum paid-up capital of Uganda shillings four billion for banks and one billion for non-bank institutions, alongside ongoing core and total capital ratios of at least eight percent and twelve percent respectively. Institutions must submit quarterly capital computations and face prompt corrective measures, including dividend restrictions, civil penalties, and operational suspensions for non-compliance.
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