06 January 2010
After checking the Tunisian financial regulation system's  conformity with  international securities standards, the Financial Market Council (FMC) has recently joined, the International Organization of Securities Commission (IOSCO) Multilateral Memorandum of Understanding (MOU) on Consultation, Cooperation and Exchange of Information.

The "IOSCO", which gathers 52 states including the United States, France, Germany, Australia, Italy and Hong-Kong, aims at setting up strict international standards to reinforce efficiency and transparency of financial markets, to protect investments and boost cooperation between regulation authorities.

By joining IOSCO, Multilateral Memorandum of Understanding on Consultation, Cooperation and Exchange of Information Tunisia demonstrates its commitment to transparency and the setting up of strict financial transaction rules, as well as the country's ambition to become a regional financial hub.

© Tunisia Online News 2010