The Eastern and Southern African Anti-Money Laundering Group published its first enhanced follow-up report concerning Tanzania’s efforts to improve its anti-money laundering and counterterrorist financing framework.
The Government of Tanzania enacted amended anti-money laundering and proceeds of crime regulations.
In our final installment for 2021, the moneylaundering.com legal team revisits our coverage over the past year.
Legal Brief: AML Regional Group Criticizes Slow Progress in Eastern, Southern Africa
In the latest installment of our series, the ACAMS moneylaundering.com legal team covers recent AML/CTF developments in five African nations.
Midweek Roundup: Swedbank Fires Executives Amid AML Review, Dankse Bank Liquidates Estonian Affiliate, and More
Midweek Roundup: Danish Lender Charged with Money Laundering, Australia Orders PayPal to Review Prior Transactions, and More
The Bank of Tanzania issued a notice announcing the fine of TZS175 million against the Dar es Salaam, Tanzania-based financial institution for its violation of regulations 17, 22 and 28 pursuant to Anti-Money Laundering Regulations, 2012.
The Bank of Tanzania announced a fine of TZS325 million against the Dar es Salaam, Tanzania-based bank by the Bank of Tanzania is for its breach of regulations 17, 22 and 28 of the Anti-Money Laundering Regulations, 2012.
|Compliant : 3||High : 0|
|Largely Compliant : 12||Substantial : 0|
|Partially Compliant : 16||Moderate : 2|
|Non-Compliant : 9||Low : 9|
|Rank : 26/141|
|Score : 6.39/10|
|Rank : 96/180|
|Score : 37/100|
|Rank : 98/133|
|Score : 71/100|