The Republic of Tunisia, once considered a major success story of the Arab Spring, has experienced major democratic backsliding in the last few years. Tunisia last underwent a FATF Mutual Evaluation in 2016, which produced ratings that put Tunisia on the FATF “grey list” of AML/CTF jurisdictions under increased monitoring; an improved national response led to a rerating in 2020 and Tunisia being removed from the grey list. The most significant predicate crimes include corruption, smuggling of illicit goods and terrorist financing. Due to its geographical location and porous borders, Tunisia is an exporting country of financial crime across the MENA region, especially into the bordering countries of Libya and Algeria.
Download Tunisia Country Risk Factsheet below!