Browsing by Author "Leenicy Nimusiima"

Now showing 1 - 1 of 1
  • Thumbnail Image
    Item
    A Critical Analysis of the Legal Aspects of Syndicated Loans in Financial Institutions in Uganda
    (Uganda Christian University, 2024) Leenicy Nimusiima
    This study is on the legal aspects of syndicated loans in financial institutions in Uganda. Banks play a pivotal role in any economy by mobilising funds, allocating capital, and influencing the governance of other firms. Syndicated loans have emerged as a pivotal financial instrument in the global banking landscape, playing a crucial role in facilitating large-scale financing for various entities. This underscores the critical importance of effective syndicated loan legal regime in Uganda. This study analysed the syndicated loans regime in financial institutions in Uganda with a view of determining the adequacy and effectiveness of the current legal provisions in regulating syndicated loan transactions. It focused on the legal framework governing syndicated loans in Uganda and its efficacy in syndicated lending in Uganda. It examined the challenges associated with syndicated loan transactions in Uganda and suggested measures to better the corporate finance and the syndicated loan regime. The study found out that while the Financial Institution Act 2004(as amended) provides a comprehensive regulatory framework for various aspects of financial institutions’ operations, there is lack of legal certainty and enforceability in syndicated loan agreements. In the absence of standardised documentation and contractual provisions, parties may encounter difficulties in resolving disputes and enforcing their rights. The research suggested measures that may be adopted to better the syndicated loan legal regime in Uganda