diff --git a/x/uibc/uics20/ibc_module.go b/x/uibc/uics20/ibc_module.go
index e5859e57ca..124e956dd3 100644
--- a/x/uibc/uics20/ibc_module.go
+++ b/x/uibc/uics20/ibc_module.go
@@ -7,7 +7,6 @@ import (
 	"github.com/cometbft/cometbft/libs/log"
 	"github.com/cosmos/cosmos-sdk/codec"
 	sdk "github.com/cosmos/cosmos-sdk/types"
-	"github.com/cosmos/iavl/internal/logger"
 	ics20types "github.com/cosmos/ibc-go/v7/modules/apps/transfer/types"
 	channeltypes "github.com/cosmos/ibc-go/v7/modules/core/04-channel/types"
 	porttypes "github.com/cosmos/ibc-go/v7/modules/core/05-port/types"
@@ -63,9 +62,8 @@ func (im ICS20Module) OnRecvPacket(ctx sdk.Context, packet channeltypes.Packet,
 		return ackResp
 	}
 
-	var events []string
 	mh := MemoHandler{im.cdc, im.leverage}
-	msgs, overwriteReceiver, err := mh.onRecvPacketPre(&ctx, packet, ftData)
+	msgs, overwriteReceiver, events, err := mh.onRecvPacketPre(&ctx, packet, ftData)
 	if err != nil {
 		return channeltypes.NewErrorAcknowledgement(err)
 	}
@@ -84,12 +82,10 @@ func (im ICS20Module) OnRecvPacket(ctx sdk.Context, packet channeltypes.Packet,
 	}
 
 	if err := mh.dispatchMemoMsgs(&ctx, msgs); err != nil {
-		err := err.Error()
-		logger.Error("can't handle ICS20 memo", "err", err)
-		events = append(events, "can't handle ICS20 memo err = "+err)
+		events = append(events, "can't handle ICS20 memo err = "+err.Error())
 	}
 
-	// TODO handle errors
+	im.emitEvents(ctx.EventManager(), recvPacketLogger(&ctx), "ics20-memo-hook", events)
 
 	return ack
 }
@@ -121,12 +117,28 @@ func (im ICS20Module) onAckErr(ctx *sdk.Context, packet channeltypes.Packet) {
 	ftData, err := deserializeFTData(im.cdc, packet)
 	if err != nil {
 		// we only log error, because we want to propagate the ack to other layers.
-		ctx.Logger().Error("can't revert quota update", "err", err)
+		ctx.Logger().With("scope", "ics20-OnAckErr").Error("can't revert quota update", "err", err)
 	}
 	qk := im.kb.Keeper(ctx)
 	qk.IBCRevertQuotaUpdate(ftData.Amount, ftData.Denom)
 }
 
+func (im ICS20Module) emitEvents(em *sdk.EventManager, logger log.Logger, topic string, events []string) {
+	attributes := make([]sdk.Attribute, len(events))
+	key := topic + "-context"
+	for i, s := range events {
+		attributes[i] = sdk.NewAttribute(key, s)
+	}
+	logger.Debug("Handle ICS20 memo", "events", events)
+
+	em.EmitEvents(sdk.Events{
+		sdk.NewEvent(
+			topic,
+			attributes...,
+		),
+	})
+}
+
 func deserializeFTData(cdc codec.JSONCodec, packet channeltypes.Packet,
 ) (d ics20types.FungibleTokenPacketData, err error) {
 	if err = cdc.UnmarshalJSON(packet.GetData(), &d); err != nil {
diff --git a/x/uibc/uics20/memo_handler.go b/x/uibc/uics20/memo_handler.go
index 457761f547..1daee291cd 100644
--- a/x/uibc/uics20/memo_handler.go
+++ b/x/uibc/uics20/memo_handler.go
@@ -22,45 +22,45 @@ type MemoHandler struct {
 // See ICS20Module.OnRecvPacket for the flow
 func (mh MemoHandler) onRecvPacketPre(
 	ctx *sdk.Context, packet ibcexported.PacketI, ftData ics20types.FungibleTokenPacketData,
-) ([]sdk.Msg, sdk.AccAddress, error) {
-	logger := recvPacketLogger(ctx)
+) ([]sdk.Msg, sdk.AccAddress, []string, error) {
+	var events []string
 	memo, err := deserializeMemo(mh.cdc, []byte(ftData.Memo))
 	if err != nil {
-		logger.Debug("Not recognized ICS20 memo, ignoring hook execution", "err", err)
-		return nil, nil, nil
+		recvPacketLogger(ctx).Debug("Not recognized ICS20 memo, ignoring hook execution", "err", err)
+		return nil, nil, nil, nil
 	}
 	var msgs []sdk.Msg
 	var fallbackReceiver sdk.AccAddress
 	if memo.FallbackAddr != "" {
 		if fallbackReceiver, err = sdk.AccAddressFromBech32(memo.FallbackAddr); err != nil {
-			return nil, nil,
+			return nil, nil, nil,
 				sdkerrors.Wrap(err, "ICS20 memo fallback_addr defined, but not formatted correctly")
 		}
 	}
 
 	msgs, err = memo.GetMsgs()
 	if err != nil {
-		logger.Debug("Can't unpack ICS20 memo messages",
-			"err", err, "overwrite receiver to fallback_addr", fallbackReceiver != nil)
-		return nil, fallbackReceiver, nil
+		e := "ICS20 memo recognized, but can't unpack memo.messages: " + err.Error()
+		events = append(events, e)
+		return nil, fallbackReceiver, events, nil
 	}
 
 	receiver, err := sdk.AccAddressFromBech32(ftData.Receiver)
 	if err != nil { // must not happen
-		return nil, nil, sdkerrors.Wrap(err, "can't parse ftData.Receiver bech32 address")
+		return nil, nil, nil, sdkerrors.Wrap(err, "can't parse ftData.Receiver bech32 address")
 	}
 	amount, ok := sdk.NewIntFromString(ftData.Amount)
 	if !ok { // must not happen
-		return nil, nil, fmt.Errorf("can't parse transfer amount: %s [%w]", ftData.Amount, err)
+		return nil, nil, nil, fmt.Errorf("can't parse transfer amount: %s [%w]", ftData.Amount, err)
 	}
 	ibcDenom := uibc.ExtractDenomFromPacketOnRecv(packet, ftData.Denom)
 	sentCoin := sdk.NewCoin(ibcDenom, amount)
 	if err := mh.validateMemoMsg(receiver, sentCoin, msgs); err != nil {
-		logger.Debug("memo.messages are not valid", "err", err)
-		return nil, fallbackReceiver, nil
+		events = append(events, "memo.messages are not valid, err: "+err.Error())
+		return nil, fallbackReceiver, events, nil
 	}
 
-	return msgs, fallbackReceiver, nil
+	return msgs, fallbackReceiver, events, nil
 }
 
 // runs messages encoded in the ICS20 memo.