New Regulations to Protect the Economy
The Financial Market Council (CMF) has published new rules to better protect our economy. The idea is simple: to more effectively block dirty money and terrorist financing.
What's Changing
Crowdfunding is now included in the regulations. The rules are adapting to new technologies, and participatory financing (investment in securities) is now officially framed by these security measures. On the other hand, institutions must now adopt a graduated approach. If the risk is high, vigilance is maximized; if it's low, procedures are simplified.
New Obligations for Financial Actors
To turn these intentions into concrete results, the CMF is now imposing a real roadmap on financial actors. This involves regular risk mapping, which each entity must transmit to the regulator. The human aspect is also at the heart of the system: each institution must now appoint a dedicated representative, a bridge with the Counter-Terrorism Commission (CNLCT), while ensuring that its compliance officers have high-level expertise.
A Change in Approach
At its core, the CMF is changing its posture: it's no longer just monitoring from afar, but structuring from within. By establishing a culture of risk management and continuous control, Tunisia is strengthening the credibility of its financial sector. This is a strong signal sent to investors, both local and foreign: transparency is not an option here, it's the rule.
