Banking, Insurance and Capital Markets Law

BOJOMA Law Group® owns solid legal expertise and experience with respect to banking and financial services in Tanzania, and regional markets (i.e., EAC, SADC and COMESA). We are extensively involved in project financing including property and housing financing, debt restructuring and other forms of corporate financing including but not limited to large scale syndicated lending transactions. We fully represent lenders, borrowers, issuers, managers and security agents and/or trustees on debt syndicated loans, pre-lending reviews, perfection of security documentation, recovery of non-performing loans, as well as general advisory on banking-, capital market- and insurance- law(s). BOJOMA Law Group® also supports corporate entities entering into the business or financial sector to secure banking business authorizations such as approvals, permits and licenses. We provide top-tier advice on compliance requirements with respect to Dar es Salaam Stock Exchange (DSE) and Capital Markets and Securities Authority (CMSA). Concretely, we support the registration and procurement of necessary licenses and approvals for banks and financial institutions; represent banks and financial institutions in domestic and international litigation and arbitration proceedings; carry out due diligence investigation aimed at establishing the propriety and legality of lenders operations; prepare and review loan facilitating agreements; assist local and international auditors in the reviewing process; perfection of security documentation; provide legal updates to banks and financial institutions on legal changes with the potential impact affecting their business operations; assist public listed companies in undertaking initial public offering (IPO); rendering support with respect to the issuance of bonds and commercial papers; preparing material contracts such as shareholders’ agreements; as well as assist in conducting legal assessment of all material contracts in these areas.