Learn about the key financial regulatory authorities that oversee and govern Uganda's financial sector, ensuring stability, consumer protection, and proper market conduct.
Est. 1966
The Bank of Uganda is the central bank of Uganda. It was established in 1966 and is responsible for maintaining monetary stability, regulating financial institutions, and issuing currency.
Est. 2011
The Uganda Retirement Benefits Regulatory Authority (URBRA) is the regulatory body for the retirement benefits sector in Uganda. It was established by the Uganda Retirement Benefits Regulatory Authority Act, 2011 to regulate and supervise the establishment, management, and operation of retirement benefits schemes.
Est. 2017
The Insurance Regulatory Authority (IRA) of Uganda is the government agency responsible for regulating, supervising, and developing the insurance industry in Uganda. It was established by the Insurance Act, 2017 to ensure the effective administration, supervision, regulation, and control of insurance business in Uganda.
Est. 1996
The Capital Markets Authority (CMA) is the regulator of Uganda's capital markets. It was established by the Capital Markets Authority Act, Cap 84 to develop, promote, and regulate the capital markets industry in Uganda, with the view of encouraging and facilitating the development of an orderly, fair, and efficient capital markets.
Est. 2016
The Uganda Microfinance Regulatory Authority (UMRA) is responsible for regulating, licensing, and supervising Tier 4 microfinance institutions and money lenders in Uganda. It was established by the Tier 4 Microfinance Institutions and Money Lenders Act, 2016 to promote the stability and sustainability of the microfinance sector.
Financial regulators play a crucial role in maintaining the stability and integrity of Uganda's financial system. They protect consumers, ensure fair practices, and promote confidence in financial markets.
Understanding the role of these regulators can help you make informed financial decisions and know where to seek assistance if you encounter issues with financial service providers.