Five Banks suspended in Tanzania From Forex Due to money Laundering :Reports

Annews24, Bank of Tanzania has suspended five commercial banks from trading in the interbank forex exchange market (IFEM) for a month, as part of its ongoing regulatory measures to subdue irregular FX practices and money laundering. The move by the Tanzania’s bank regulator follows recent market spectacle that saw government army officers surround and lock offices … Continue reading Five Banks suspended in Tanzania From Forex Due to money Laundering :Reports