Good News for Investors: TSI to Resume Activities on December 15, 2025
The Tunisian-Saudi Investment Company (TSI) will resume its activities on December 15, 2025, as decided by the Tunis Court of First Instance. This resumption is part of the ongoing judicial procedure and will be carried out in accordance with the conditions set by the court.
Key Measures Announced by the Financial Market Council
The following measures have been taken to ensure a secure and compliant resumption of activities:
- Migration of managed accounts to free accounts
- Notification of debit positions to affected clients, with an invitation to regularize them
- Reactivation of buy and sell orders, subject to validation by a negotiator
- Prohibition of withdrawals from old accounts
- Possibility to subscribe to OPCVM (Open-Ended Investment Companies) only with amounts from settled sales
- Prohibition of OPCVM redemptions and transfers of securities to other intermediaries and banks
- Exceptional possibility for CEA (Current Account) holders to buy, sell, and subscribe to the AFEK CEA FCP, subject to specific conditions
- Normal functioning of all new accounts opened at TSI, with access to all usual services: buying and selling securities, subscribing to and redeeming OPCVM, depositing and withdrawing cash
- Resumption of operations on files (registrations, declarations, auctions, etc.) under the same conditions as before, without changes
- Reuse of funds from the sale of shares held in old CEA accounts or old ordinary accounts to open new CEA accounts, provided that these funds are not withdrawn
These measures aim to ensure the protection of clients and the compliance of operations with legal and regulatory requirements. The resumption of activities will be carried out under the control of a designated judge, who will oversee the implementation of these measures.
