Regulatory Alerts2020-11-17
Central Bank of Tunisia Circular No. 2020-20 of November 17, 2020
The Governor of the Central Bank of Tunisia issued Circular No. 2020-20 to mandate the codification and admission of certificates of deposit and treasury bills into the central securities depository. Issuing banks and financial institutions must submit applications for these instruments in accordance with established procedures, while transitional measures require prompt action for existing, unexpired instruments. The circular takes effect on January 4, 2021, thereby integrating these money market instruments into the formal securities depository framework.
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