As part of more robust anti-money laundering measures, the
Tanzanian government has recently released the new Anti-Money
Laundering (Electronic Funds Transfer and Cash Transaction
Reporting) Regulations, 2019 (the Regulations). The Regulations
introduce stricter reporting guidelines, as well as mandatory
reporting formats.
This Finance Briefing provides an overview of some of the
relevant provisions of the Regulations to ensure professionals are
more aware of their heightened obligations.
| NO. |
RELEVANT Provision |
OVERVIEW |
| 1. |
Information to be contained in Electronic funds transfer
and currency transaction (regulation 4 and the schedules
of the Regulations)
|
