Results for unauthorised investments

The National Reserve Bank of Tonga (NRBT) has officially identified and taken action against the entity operating under the name "Famili Tonga USA Trading" for engaging without a licence in investment activities confirmed as a banking business. This entity has been found to operate without a requisite banking license, a contravention of section 7 of the Banking Act 2020. The Reserve Bank reiterates its warning to the public, urging caution against participating in unauthorized financial activities or investments.