RegAlertRule · BCT · 11 Mar 2024
Circular to Authorized Intermediaries No. 2024-07 of March 11, 2024
The Governor of the Central Bank of Tunisia issued Circular No. 2024-07 to mandate Authorized Intermediaries to declare all financial transfers originating from abroad in favor of associations and non-profit organizations. These intermediaries must submit monthly declarations via the Data Exchange System, detailing transfer amounts, origins, purposes, and recipient identifiers, in accordance with an attached table. The circular repeals the 2003 circular on foreign donations and aid, taking effect immediately upon publication.
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Tunis, March 11, 2024
CIRCULAR TO AUTHORIZED INTERMEDIARIES
No. 2024-07
Subject: Declaration of transfers originating from abroad in favor of associations or non-profit organizations.
The Governor of the Central Bank of Tunisia,
Having regard to Organic Law No. 2004-63 of July 27, 2004, concerning the protection of personal data, Having regard to Organic Law No. 2015-26 of August 7, 2015, on the fight against terrorism and the prevention of money laundering, as amended and supplemented by Organic Law No. 2019-9 of January 23, 2019, Having regard to Law No. 2016-35 of April 25, 2016, establishing the status of the Central Bank of Tunisia, Having regard to Law No. 2016-48 of July 11, 2016, on banks and financial institutions, Having regard to Decree-Law No. 2011-88 of September 24, 2011, on the organization of associations, Having regard to Circular to Authorized Intermediaries No. 2003-02 of February 26, 2003, on transfers originating from abroad as donations, aid, and relief, Having regard to Circular No. 2017-08 of September 19, 2017, on internal control rules for managing money laundering and terrorism financing risk, as amended and supplemented by Circular No. 2018-09 of October 18, 2018,
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Having regard to the Compliance Control Committee Opinion No. 2024-7 dated March 11, 2024, and in particular its second paragraph regarding circulars of an urgent nature. Decides:
Article 1: Authorized Intermediaries must declare to the Central Bank of Tunisia all financial transfers originating from abroad in favor of legal entities structured as associations or non-profit organizations.
Article 2: Authorized Intermediaries must submit monthly to the Central Bank of Tunisia, via the Data Exchange System (DES), the list of transfers referred to in Article 1, in accordance with the table attached to this circular.
Article 3: Circular to Authorized Intermediaries No. 2003-02 of February 26, 2003, on transfers originating from abroad as donations, aid, and relief, is hereby repealed.
Article 4: This circular enters into force from the date of its publication.
THE GOVERNOR,
Fethi Zouhair Nouri
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Appendix to Circular to Authorized Intermediaries No. 2024-7 of March 11, 2024
Authorized Intermediary:
Agency:
Name of the association or non-profit organization receiving the transfer originating from abroad Unique Identifier in the National Business Register of the association or non-profit organization Name and surname / corporate name of the transferor originating from abroad Country of origin of received funds Amount of funds received from abroad (in foreign currency or dinars) Date of Transfer Purpose of the transfer originating from abroad
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Lineage: Amended
A newer document in RegAlert amends this one; it applies as amended.
The links and the sentences they come from (8)
- Supersedes
- Circular to Authorized Intermediaries No. 2003-02 of February 26, 2003, on transfers originating from abroad as donations, aid, and reliefNot in RegAlert
“Circular to Authorized Intermediaries No. 2003-02 of February 26, 2003, on transfers originating from abroad as donations, aid, and relief, is hereby repealed.”
- Amended by
“Article 1 - Article 2 of the aforementioned Circular No. 2024-07 of March 11, 2024 is repealed and replaced as follows:”
- Issued under
“Having regard to Law No. 2016-48 of July 11, 2016, on banks and financial institutions,”
“Having regard to Law No. 2016-35 of April 25, 2016, establishing the status of the Central Bank of Tunisia,”
“Having regard to Organic Law No. 2004-63 of July 27, 2004, concerning the protection of personal data,”
- Decree-Law No. 2011-88 of September 24, 2011, on the organization of associationsNot in RegAlert
“Having regard to Decree-Law No. 2011-88 of September 24, 2011, on the organization of associations,”
- Organic Law No. 2015-26 of August 7, 2015, on the fight against terrorism…Not in RegAlert
“Having regard to Organic Law No. 2015-26 of August 7, 2015, on the fight against terrorism and the prevention of money laundering, as amended and supplemented by Organic Law No. 2019-9 of January 23, 2019,”
- Organic Law No. 2019-9 of January 23, 2019Not in RegAlert
“Having regard to Organic Law No. 2015-26 of August 7, 2015, on the fight against terrorism and the prevention of money laundering, as amended and supplemented by Organic Law No. 2019-9 of January 23, 2019,”
Mentions (1): 1 document this one mentions without changing it
- Refers to
“Having regard to Circular No. 2017-08 of September 19, 2017, on internal control rules for managing money laundering and terrorism financing risk, as amended and supplemented by Circular No. 2018-09 of October 18, 2018,”
Timeline
Amended 1 time · last 2024-10-29
- 2024-10-29
BCTCircular to Approved Intermediaries No. 2024-13 dated October 29, 2024amends
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