Regulatory Alerts2019-08-07
Circular of the Central Bank of Tunisia to Banks and the National Office of Posts No. 4 of 2019 dated 7 August 2019
The Governor of the Central Bank of Tunisia mandates that banks and the National Office of Posts open, manage, and close a single special campaign account for each presidential candidate, strictly limiting funding to Tunisian dinar transfers from residents and state budgets while prohibiting foreign entities and overseas Tunisians. Financial institutions must verify account uniqueness via the central bank's data system, provide checkbooks and debit cards within three working days, and submit interim and final statements in paper and Excel formats within 13-day deadlines. All campaign account files and supporting transaction documents must be retained for ten years, with designated liaison officers ensuring compliance and timely data reporting to the central bank.