Financial Market Council and Microfinance Control Authority Sign Cooperation Agreement
The Financial Market Council (CMF) and the Microfinance Control Authority (ACM) signed a cooperation and information exchange agreement on Monday, September 15, 2025, aimed at strengthening the regulation of the financial sector. The agreement, signed by Mahmoud Montassar Mansour, General Manager of the ACM, and Hatem Smiri, Deputy President of the CMF College, establishes an operational framework for collaboration covering several areas:
- Exchange of data
- Joint supervision missions
- Organization of common training sessions
- Sharing of technical expertise
Key Provisions of the Agreement
The convention also provides for consultation on legislative and regulatory texts, as well as the application of international standards in force. It reaffirms the commitment of the two authorities to protect investors and clients of controlled institutions, ensuring compliance with rules related to:
- Anti-money laundering
- Combating terrorism financing
- Proliferation of weapons
Objectives of the Cooperation Agreement
Through this initiative, the CMF and ACM demonstrate their shared willingness to:
- Consolidate the solidity of the Tunisian financial sector
- Reinforce market stability
- Ensure better protection for investors, microfinance beneficiaries, and crowdfunding platform users
This cooperation agreement marks a significant step towards enhancing the regulation and stability of the financial sector, ultimately benefiting investors, financial institutions, and the overall economy.