Regulatory Alerts2016-08-15
Government Decree No. 2016-1098 of August 15, 2016, Establishing the Organization and Operating Procedures of the Tunisian Financial Analysis Commission
The Tunisian Head of Government, upon the Minister of Finances' proposal, issued Government Decree No. 2016-1098 to establish the organizational structure and operating procedures of the Tunisian Financial Analysis Commission. The decree mandates a six-year appointed membership, defines quorum and voting rules for meetings, and outlines the Commission's core duties including monitoring suspicious transaction declarations, approving national risk assessments on money laundering and terrorism financing, and coordinating with relevant public authorities. It further details the functions of the Steering Committee and Operational Unit, establishes a General Secretariat led by a Central Bank executive, allocates funding from the Central Bank's budget, and repeals previous 2004 and 2011 decrees governing the Commission.