Reserve Bank clarifies banking business
Public Notice: The Reserve Bank confirms that business such as investment activities, whereby funds are received from the public to be used for investments or loans at the risk of the person doing such business, is considered banking business. These activities are permitted to be conducted in Tonga only by those who have a banking licence granted by the Reserve Bank under
New Zealand Financial System Department Mbf Bank Tonga Development Zealand Banking Group National Reserve Bank
Source: matangitonga.to