Emmanuel Tumusiime-Mutebile: Uganda's implementation of Basel and international accounting standards

Remarks by Prof. Emmanuel Tumusiime-Mutebile, Governor of the Bank of Uganda, at the Uganda Bankers' Association (UBA) Informal Dinner, Kampala, 9 November 2018.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Good evening,

It is a pleasure to be with you this evening for yet another informal Uganda Bankers' Association Dinner.

Mark Twain once remarked that "a man's character may be learned from the adjectives which he habitually uses in conversation". You can tell from the last couple of informal dinners that I am happy with the progress we have made as the Supervised Financial Institutions (SFIs) sector over the last quarter.

But before I reveal the reasons for my happiness, I thank the Managing Director of KCB Bank Uganda Limited for hosting us this evening. I am grateful to the organisers of this informal dinner for the wonderful experience.