TanzaniaThe Basel Institute on Governance announced that the Deferred Prosecution Agreement of the United Kingdom Serious Fraud Office with Standard Bank PLC, has culminated with a settlement agreement with Tanzania’s National Prosecution Service.
The Basel Institute on Governance highlighted that over the past year four graduates of its train-the-trainer program have delivered training sessions to over 300 law enforcement officials regarding anti-money laundering matters, asset recovery and mutual legal assistance.
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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.
| Technical | Effectiveness |
|---|---|
| Compliant : 2 | High : |
| Largely Compliant : 1 | Substantial : |
| Partially Compliant : 12 | Moderate : |
| Non-Compliant : 34 | Low : |
| Rank : 17/125 |
| Score : 6.63/10 |
| Rank : 96/180 |
| Score : 37/100 |
| Rank : 98/133 |
| Score : 71/100 |