Tanzania - 2014 - Finance

Banking and Financial Institutions (Prompt Corrective Actions) Regulations, 2014

Bank of Tanzania, Tanzania

These regulations on corrective actions are part of the Banking and Financial Institutions Act. The regulations aim to promote transparency by establishing minimum actions the Bank shall take in addressing identified weaknesses in a bank or financial institution in other to maintain public confidence in the financial sector.

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Banking and Financial Institutions (Prompt Corrective Actions) Regulations, 2014 Current Version

January 2022

These regulations on corrective actions are part of the Banking and Financial Institutions Act. The regulations aim to promote transparency by establishing minimum actions the Bank shall take in addressing identified weaknesses in a bank or financial institution in other to maintain public confidence in the financial sector.

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