Regulatory Alerts2008-08-30
General Decision of the Financial Markets Council No. 12 Establishing the Conditions for Issuing the Professional Card for Market Surveillance Functions at the Tunis Stock Exchange
The Financial Markets Council of Tunisia issued General Decision No. 12 to establish the eligibility criteria and procedural requirements for obtaining a professional card mandatory for market surveillance personnel at the Tunis Stock Exchange. The decision mandates that designated officers possess appropriate technical resources and decision-making autonomy, submit detailed applications containing updated curricula vitae and sanction disclosures to the Council for approval within fifteen days, and comply with strict card withdrawal rules upon cessation of duties or disciplinary action. Additionally, it requires the designated market surveillance officer to prepare and transmit an annual operational report detailing organizational structure, task performance, observations, and corrective measures to both the Council and the Exchange's Board of Directors within three months of fiscal year-end.