Regulatory Alerts2024-10-29
Circular to Approved Intermediaries No. 2024-13 dated October 29, 2024
The Governor of the Central Bank of Tunisia issued Circular No. 2024-13 to repeal and replace Article 2 of the March 2024 circular, requiring Approved Intermediaries to submit monthly electronic declarations of foreign transfers to associations and non-profit organizations through the Data Exchange System. Compliance becomes mandatory starting with the December 2024 reporting period and mandates strict adherence to a defined XML header structure alongside a comprehensive twenty-field detail record layout. This directive standardizes reporting formats, enforces cross-validation against official agency and currency references, and ensures precise tracking of funds directed to non-profit legal entities.
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