Tunis Stock Exchange, a New Member of the World Federation of Exchanges

The World Federation of Exchanges (WFE) has formalized the membership of the Tunis Stock Exchange as a full member, at its 58th Annual General Meeting held in Athens, on October 3rd, 2018.

After Correspondent and Affiliate statuses, Membership status marks the completion of a long process and an on-site peer review carried out by a team comprised of Nasdaq, Shanghai Stock Exchange and Bermuda Stock Exchange representatives in February 2018, that led to a positive report to the Board of Directors of the WFE meeting in June 2018.

This evaluation confirmed that the Stock Exchange, the Regulator, the Central Depository and other stakeholders of the Tunisian financial market meet the main WFE standards and requirements in terms of compliance with market principles, efficiency and governance issues. These standards cover topics as diverse as market organization, equal market access, and admission to negotiations, negotiations, custody, supervision, conflict resolution, and complaint handling…

After the recent improvements in the assessment of Tunisia by MSCI and FTSE, the WFE member status, granted to the Tunis Stock Exchange, will strengthen the visibility of the country and listed companies on the Tunis Stock Exchange to foreign investors, including institutional.