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MUTUAL EVALUATIONS


2ND FUR OF TANZANIA-SEPTEMBER 2023.

This Follow up Report (FUR) sets out Tanzania’s progress in strengthening anti-money laundering and counter terrorist financing measures. Tanzania has been in an enhanced follow-up process following the adoption of its Mutual Evaluation Report in 2021 and FUR with rerating in September 2022. In line with the ESAAMLG’s Second Round Procedures for Mutual Evaluations and Follow up Process, the country has reported back to the ESAAMLG on the action it has taken since its 2021 MER and 2022 FUR. Tanzania has made significant overall progress in resolving the technical compliance shortcomings identified in its MER and ratings for 7 Recommendations have been revised. The jurisdiction has addressed the deficiencies in respect of Recommendations 10 (PC), 13(PC), 18(NC) and 19 (NC). The ESAAMLG upgraded the rating for Recommendations 12, 13, 17, 18 and 19 with Compliant (C) and Recommendation 10 with Largely Compliant (LC). In relation to Recommendations 6, 12 and 17 (initially rated NC), the ESAAMLG agreed re-rating for the recommendations with Partial Compliant (PC) since moderate shortcomings still remain on the recommendations. Tanzania will remain in enhanced follow-up and will continue to inform the ESAAMLG of the progress made in improving the implementation of its AML/CFT measures.

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 Posted:  04, Dec 23


1ST FUR OF TANZANIA-SEPTEMBER 2022.

This Follow up Report (FUR) sets out Tanzania’s progress in strengthening anti-money laundering and counter terrorist financing measures. Tanzania has been in an enhanced follow-up process following the adoption of its Mutual Evaluation Report in 2021.
In line with the ESAAMLG’s Second Round Procedures for Mutual Evaluations and Follow up Process, the country has reported back to the ESAAMLG on the action it has taken since its 2021 MER.
Since its 2021 mutual evaluation, Tanzania has made progress in addressing deficiencies against Recommendations 3 and 5 which were previously rated PC.

Tanzania is now compliant on 4 of the 40 Recommendations and largely compliant on 11 of them. It remains non-compliant on 9 Recommendations and partially compliant on 16 Recommendations.
Tanzania will remain in enhanced follow-up and will continue to inform the ESAAMLG of the progress made in improving the implementation of its AML/CFT measures.

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 Posted:  09, Nov 22


MUTUAL EVALUATION REPORT OF TANZANIA- JUNE 2021.

ESAAMLG has completed its assessment of Tanzania’s anti-money laundering and counter-terrorist and proliferation financing (AML/CFT) system. The Mutual Evaluation Report of Tanzania comprehensively reviews the effectiveness of Tanzania’s measures and its level of compliance with the FATF Recommendations. The Council of Ministers of ESAAMLG adopted this report through a round robin process on 14 June 2021.

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 Posted:  17, Jun 21


POST EVALUATION PROGRESS REPORT OF TANZANIA-2018.

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 Posted:  09, Nov 18


POST EVALUATION PROGRESS REPORT OF TANZANIA-2017.

ESAAMLG (2017), First Round Mutual Evaluation - Post Evaluation Progress Report of Tanzania on Anti-Money Laundering and Counter-Terrorist Financing Measures.

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 Posted:  01, Sep 18


MUTUAL EVALUATION REPORT FOR THE UNITED REPUBLIC OF TANZANIA.

ESAAMLG COUNCIL OF MINISTERS ADOPTS THE MUTUAL EVALUATION REPORT FOR THE UNITED REPUBLIC OF TANZANIA

The ESAAMLG Council of Ministers approved and adopted the mutual evaluation report for the United Republic of Tanzania in December 2009.  The report was prepared by ESAAMLG experts and before its approval by the Council of Ministers it was fully discussed and adopted by the ESAAMLG Task Force of Senior Officials in August 2009.

The report records the significant commitment of the Government of the United Republic of Tanzania in establishing an AML/CFT framework The Anti Money Laundering Act 2006 (AML Act) and the Prevention of Terrorism Act 2002 (POTA) are the key enactments which support the AML/CFT legal framework in the United Republic of Tanzania.  AML Regulations have also been issued for implementing the AML Act. The AML Act addresses some core requirements applicable to financial institutions by imposing AML/CFT obligations on “reporting persons”, which is defined to include certain financial institutions and Designated Non-Financial Businesses and Professions (DNFBPs), under the FATF definitions of those terms. The Act also provides for the establishment of a Financial Intelligence Unit and a National Multidisciplinary Committee on Anti-Money Laundering.

The report further identifies areas of deficiencies in the AML/CFT framework of the United Republic of Tanzania. It makes comprehensive recommendations on actions that the United Republic of Tanzania needs to take in the short and medium terms to develop its AML/CFT system to comply over time with international standards.

ESAAMLG Secretariat
December 2009
 

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 Posted:  08, Jan 17