Financial Market Council and Tunisian Institute of Chartered Accountants Join Forces to Enhance Transparency and Governance in Stock Brokerage Firms
The Financial Market Council (CMF) and the Tunisian Institute of Chartered Accountants (OECT) held a meeting on August 22, 2025, focusing on the specificities of auditing stock brokerage firms. This meeting is part of a joint effort to strengthen transparency, good governance, and investor protection.
Both institutions emphasized that the quality of financial information and auditing are essential pillars of well-functioning capital markets. They also highlighted the crucial role of auditors, who must respect professional standards and ethical rules, particularly in stock brokerage firms, considered public interest entities.
On this occasion, the CMF presented the main axes of its action plan, which includes:
- Publishing the financial statements of stock brokers and management companies as of December 31, 2025, accompanied by audit reports
- Establishing a sectoral accounting framework to improve the comparability and reliability of financial information
- Consolidating cooperation with regulatory bodies
- Conducting targeted inspections on client asset management and prudential rule compliance
The CMF and OECT also agreed on a joint action plan, which includes:
- Publishing a guidance note by the OECT
- Organizing joint training sessions
- Strengthening coordination between the two institutions
This collaborative effort aims to promote transparency, good governance, and investor protection in the Tunisian financial market.
