Here is the converted article in markdown format with proper headings, subheadings, and bullet points:

Huduma Ndogo za Fedha (Vyama vya Ushiriwa wa Akiba na Mikopo) Regulations

=============================

The Tanzania Financial Regulatory Authority has issued new guidelines aimed at strengthening the country’s financial sector. The “Huduma Ndogo za Fedha (Vyama vya Ushiriwa wa Akiba na Mikopo)” regulations, which came into effect on January 1, 2019, are designed to promote financial stability and ensure the effective supervision of banks and other financial institutions.

Key Objectives

Enhance the resilience of the financial sector
Promote transparency and accountability among banks and other financial institutions
Protect consumers from financial fraud and abuse

Scope of Regulations

The guidelines cover various aspects of banking and finance, including:

Foreign exchange regulations
Mortgage refinance companies
Financial leasing
Licensing
Corporate governance
Development finance
Prompt corrective actions
Risk management
Stress testing
Climate-related financial risks
Internal liquidity adequacy assessment processes

Benefits to Industry Stakeholders

The new regulations have been welcomed by industry stakeholders, who say they will help to:

Improve the overall efficiency and stability of the financial system
Enhance risk management practices
Ensure that institutions are more resilient in the face of changing market conditions

List of Documents

Here is a list of related documents that can be downloaded from the Tanzania Financial Regulatory Authority’s website:

Guidelines on Agent Banking for Banks and Financial institutions, 2017
Anti-Money Laundering Guidelines for Banks, 2009
Bancassurance Guidelines for Banks and Financial Institutions 2019
…
Cloud Computing Guidelines for Financial Service Providers, 2023

Download Documents

You can download the full text of these regulations by clicking on the link provided below:

[Insert link]