Regulatory Alerts2018-12-31
Central Bank of Tunisia Circular No. 2018-61 dated December 31, 2018
The Central Bank of Tunisia issued Circular No. 2018-61 to establish comprehensive operational, governance, and consumer protection rules for payment institutions. The regulation mandates strict internal control, IT security audits, and a three-tiered payment account system with defined balance and daily withdrawal limits. It further standardizes agent network mandates, global account segregation, and client identification procedures to ensure financial stability and regulatory compliance.
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