Regulatory Alerts2025-12-22
Circular to Banks and Financial Institutions No. 2025-17 of December 22, 2025
The Central Bank of Tunisia issued Circular No. 2025-17 to mandate subjected financial institutions and banks to define, implement, and report on a comprehensive internal control framework for identifying, assessing, and mitigating money laundering, terrorism financing, and proliferation financing risks. The circular updates risk assessment reporting cycles to a minimum of three years, mandates immediate suspicious transaction declarations via the goAML platform, and introduces quarterly reporting of frozen assets under UN and national sanctions. It further amends governance codes, removes the 'Number of children' identification field for natural persons, and integrates specific statistical declarations into existing prudential reporting domains.