Regulatory Alerts2003-01-01
Foreign Exchange (Listed Securities) Regulations, 2003
The Bank of Tanzania issued these regulations to permit foreign investors to acquire, sell, or transfer securities listed on approved Tanzanian stock exchanges. Transactions must be executed through Licensed Dealing Members, with payments processed via foreign currency transfers or a dedicated Securities Investment Account. The rules further require a three-month lock-in period for acquired securities and allow balance repatriation once payment and holding conditions are met.
Share