As required under Regulation 3 of the Foreign Exchange Control Regulation 2000, the authority to conduct foreign exchange business in Tonga is restricted to persons who have been authorised by the National Reserve Bank of Tonga.
Members of the public are encouraged to report to the National Reserve Bank of Tonga any person or business that is advertising or providing foreign exchange services but are not authorized dealers or authorized restricted dealers.
A person who commits an offence against these regulations shall be liable on conviction
- In the case of an individual, to a fine not exceeding TOP$20,000 or imprisonment for a term not exceeding 3 years;
- In the case of a body corporate, to a fine not exceeding TOP$200,000
