Regulatory Alerts2012-12-24
Law No. 2012-24 of December 24, 2012
The Constituent National Assembly of Tunisia enacted Law No. 2012-24 to regulate securities lending agreements (with delivery) by defining their contractual structure, permissible assets, and authorized intermediaries. The legislation mandates that these agreements be executed through banks or authorized financial institutions under a standard framework agreement published by the Central Bank of Tunisia, while granting the Public Treasury specific borrowing powers and establishing clear remedies for default. Additionally, Law No. 2012-25 extends statutory deadlines for supplementary finance operations until March 31, 2013, ensuring continuity of fiscal measures.
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