Following the COVID-19 pandemic and its effects on financial institutions, for which your Bank makes no exception, there is an urgent need for IFRS9 re-assessment to facilitate effective implementation of the standard in light of the pandemic and address any…
Bank Financial Risk Managers in the past 12 years have been the busiest bunch recovering from the aftermath of the financial crisis of 2007-2008. These particular effects have brought about the adoption of more robust and prudent credit risk models…
Financial inclusion is the new buzzword in international development. From promoting Bonabasome, bonobagagawale programs to fighting income inequality are we heading for more political processes that are more inclusive and representative in Uganda. A story is told about the Economists…
MTN Nigeria has formally penetrated the financial services sector in a big way. As Nigeria’s leading telecom company, this new development should be of concern to traditional financial institutions. According to Premium Times, a news website, “MTN Nigeria has announced…
Attached find our IFRS 16 services offering for your ultimate reporting and compliance. On 20th February 2019, the Central Bank of Uganda issued an Instruction Circular ‘EDS.306.2’ to Supervised Financial Institutions (SFIs). All SFIs are required to comply with IFRS…
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