Regulatory Alerts2020-04-17
Bank Circular No. 2020-10 of April 17, 2020
The Governor of the Central Bank of Tunisia issued Circular No. 2020-10 to amend monetary policy implementation by adding an Article 17 bis that authorizes the acceptance of negotiable and non-negotiable assets as collateral for refinancing operations during exceptional circumstances, regardless of standard eligibility criteria. The Central Bank will publish the precise definitions for these exceptional circumstances and eligible assets on the CAER system and its official website. This amendment enters into force immediately upon publication, thereby expanding collateral flexibility for Tunisian banks under extraordinary economic conditions.
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