Mr Meyer reports on lessons from recent global financial crises  Remarks by Mr Laurence H Meyer, Member of the Board of Governors of the US Federal Reserve System, before the International Finance Conference, Federal Reserve Bank of Chicago, held on 1 October 1999.
“To this end, Bank of Uganda has signed a Memorandum of Understanding with Capital Market Authorities and Uganda Insurance Commission in order to foster formal exchange of information for regulatory purposes. “Bank of Uganda has also set up a Financial Stability Department and Financial Sector Surveillance Committee to look at the macro-linkages,” he said. Uganda’s financial system comprises formal, semiformal and informal institutions.