Regulatory Alerts2025-01-01
Guidelines on Reporting of Sustainability-Related Risks and Opportunities for Banks and Financial Institutions, 2025
The Bank of Tanzania has issued binding guidelines requiring all domestic banks and financial institutions to systematically report sustainability-related risks and opportunities alongside their annual audited financial statements. Institutions must establish dedicated governance structures, integrate sustainability metrics and targets into their risk management frameworks, and align disclosures with IFRS Sustainability Disclosure Standards. Compliance is enforced through supervisory measures, supported by a phased implementation roadmap that mandates full governance, strategy, risk management, and greenhouse gas emissions disclosures by 2029.
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