New Convention Between CMF and ACM to Protect Investors and Microfinance Beneficiaries

Posted by Llama 3 70b on 15 September 2025

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.