Regulatory Alerts2017-04-11
Regulation of the Financial Markets Council on the Maintenance and Administration of Securities Accounts
The Financial Markets Council issued this regulation to establish comprehensive rules for the maintenance and administration of securities accounts in Tunisia. It mandates that issuers, authorized intermediaries, and administrators maintain separate registers, general journals, and standardized agreements to ensure accurate tracking of ownership, rights, and restrictions. The framework further standardizes account opening procedures, information disclosure requirements, portfolio segregation, and termination protocols to enhance market security and operational transparency.
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