Regulatory Alerts2022-10-25
Central Bank of Tunisia Circular No. 2022-09 dated October 25, 2022
The Central Bank of Tunisia, through Circular No. 2022-09 dated October 25, 2022, establishes the comprehensive procedures, documentation, and data requirements for obtaining approval to conduct credit reporting activities. The regulation mandates applicants to submit a detailed application package including sworn declarations, shareholder profiles, financial statements, and a five-year business plan, alongside strict compliance with personal data protection laws and IT security standards. Furthermore, it outlines mandatory governance structures, internal control frameworks, business continuity measures, and data destruction protocols to ensure operational resilience and regulatory oversight.
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