Regulatory Alerts2017-03-02
Decision of the Tunisian Financial Analysis Commission No. 2017-01 of March 2, 2017 on Guidelines for the Declaration of Suspicious Operations and Transactions
The Tunisian Financial Analysis Commission issued Decision No. 2017-01 to establish mandatory guidelines for designated entities to declare suspicious operations and transactions using the prescribed model and required supporting documents. Submitters must deliver sealed, confidential declarations with a duplicate submission form to the Commission's Registry Office, which will provide a filing reference for all subsequent correspondence. This decision formally repeals the 2006 declaration framework and takes effect on March 15, 2017.
Decision of the Tunisian Financial Analysis Commission No. 2017-01 of March 2, 2017 on Guidelines for the Declaration of Suspicious Operations and Transactions
The Tunisian Financial Analysis Commission,
Having regard to Organic Law No. 2015-26 of August 7, 2015 on the fight against terrorism and the repression of money laundering, particularly Articles 107, 120, and 125;
Having regard to Government Decree No. 2016-1098 of August 15, 2016 establishing the organization and operating procedures of the Tunisian Financial Analysis Commission;
And after deliberation,
Decides:
Article 1: The declaration of suspicious operations and transactions shall be made by the persons designated in Article 107 of Organic Law No. 2015-26 of August 7, 2015, in accordance with the model set out in Annex 1. The declaration must be accompanied by a copy of the required documents relating to the operation or transaction.
Article 2: The declaration shall be submitted directly to the Registry Office of the Tunisian Financial Analysis Commission in a closed envelope marked "confidential" and accompanied by a submission form in duplicate. The Registry Office of the Commission shall return one copy of this form bearing the date and reference number of the declaration's filing. The filing reference number shall be used for all correspondence between the Tunisian Financial Analysis Commission and the declarant regarding this declaration.
Article 3: Decision No. 2006-01 of April 20, 2006 on the declaration of suspicious or unusual operations or transactions is hereby repealed.
Article 4: This decision shall enter into force as of March 15, 2017.