Financial Intelligence Unit of Tanzania - Anti-Money Laundering Guidelines for the Bank of Tanzania

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Section 6 of the Anti-Money Laundering Act, 2006 empowers the Financial Intelligence Unit (FIU) of Tanzania to issue AML (anti-money laundering) and CFT (combating the financing of terrorism) guidelines to various stakeholders. The Bank of Tanzania is responsible for ensuring that all banking institutions comply with all provisions of the Anti-Money Laundering Act, 2006,  Anti-Money Laundering Regulations, 2007 and various guidelines issued by the FIU from time to time. These FIU guidelines seek to help the Bank in this mission, and sets forth provisions on the following topics:

1. Policies, Procedures and Controls
2. On-Site Inspection
3. Staff Training and Awareness
4. Know Your Customer, Customer Due Diligence, Customer Identity Verification and Record Keeping
5. Reporting Suspicious Transactions and Establishing Contact with the Financial Intelligence Unit
6. Money Laundering Reporting Office

Document Details

Document Type: 
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Year of Document: 
2009
Date of Document: 
Wednesday, April 1, 2009
Document Authors: 
Financial Intelligence Unit of Tanzania
Language (This Document): 
English

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