NewsLegal Alert: Central Bank Imposes Penalties on 5 Banks in Tanzania over Money Laundering
19 September 2019by finandlaw-admin
Central Bank Imposes Penalties on 5 Banks in Tanzania over Money Laundering The Bank of Tanzania (BoT) has imposed monetary penalties to 5 banks for breach of regulations 17, 22 and 28 of the Anti-Money Laundering Regulations, 2012 for failure to conduct proper customer due diligence and file suspicious transaction reports to Financial Intelligence Unit...
