THE 8TH MEETING OF THE FINANCIAL SECTOR STABILITY FORUM (FSSF)
The 8th meeting of the Financial Sector Stability Forum (FSSF) convened at the Kampala Serena Hotel on December 3, 2024. The forum, comprising financial sector regulatory agencies and the Ministry of Finance, Planning, and Economic Development (MOFPED), aims to foster economic growth and strengthen the economy’s resilience through collaborative policymaking.
The 8th meeting of the forum deliberated on emerging risks and innovations with specific focus on financial sector risks, evolving market trends, and technological advancements, including the integration of blockchain technology use in the financial sector as digital payment solutions continue to expand with the push for financial inclusion. The forum also addressed the development of related regulatory frameworks to bolster the sector’s resilience against evolving challenges.
The meeting was chaired by the Deputy Governor Bank of Uganda (BOU), Dr. Micheal Atingi Ego. Present at the event were the Permanent Secretary/Secretary to the Treasury Mr. Ramathan Ggoobi, the Chief Executives of Capital Markets Authority (CMA) Ms. Josephine Ossiya, Deposit Protection Fund (DPF) Dr. Julia Clare Olima Oyet, Uganda Retirement Benefits Regulatory Authority (URBRA) Rita Faith Nansasi Wasswa (Mrs.), Uganda Microfinance Regulatory Authority (UMRA) Ms. Edith Namugga Tusuubira and Financial Intelligence Authority (FIA) Mr. Samuel Were Wandera. Also present were representatives from Insurance Regulatory Authority (IRA) and other key sector players.
