The United Republic of Tanzania enacted the Anti-Money Laundering Act, Cap.423 of 2006 to combat money laundering and the financing of terrorism. Under this Act, the Financial Intelligence Unit (FIU) was established. The law defines pertinent issues such as predicate offenses, suspicious transactions, reporting persons and their responsibilities. The law also provides for applicable penalties for acts of money laundering and related offences such as failing to report a suspicious transaction. All persons identified by the act as "Reporting Persons" are required to be familiar with this act in order to perform their duties.

The Anti-Money Laundering Act, Cap 423 of 2006

Guidelines for verification of Customers' Identity

Anti-Money Laundering Guidelines for Banking Institutions