Regulatory Alerts2012-12-31
Decree No. 2012-3416 of December 31, 2012, fixing the conditions and procedures for the delivery of securities and commercial instruments in the context of repurchase agreements
The Tunisian Head of Government issued Decree No. 2012-3416 to establish the precise conditions and procedures for delivering securities and commercial instruments under repurchase agreements, mandating delivery upon registration or endorsement respectively. This decree repeals and replaces the prior 2003 regulations governing purchase transactions with resale obligations, streamlining compliance for financial market participants. Additionally, the official journal records supplementary appointments and extensions by the Ministry of Finance and Ministry of Agriculture to strengthen oversight and technical board representation.
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