Regulatory Alerts2023-08-24
Instruction No. 12/98 Modifying and Cancelling Instruction No. 8/97 on Fee Schedules for Visas, Approvals, and Professional Cards
The Regional Council for Public Savings and Financial Markets of the West African Monetary Union issued Instruction No. 12/98 to modify and repeal prior fee schedules, specifically replacing Instruction No. 8/97. The new regulation establishes a tiered per-mille levy structure for public offering visas based on issuance size, sets fixed fees for advertising document visas, and defines specific approval costs for financial entities alongside standardized annual professional card fees. All contrary prior provisions are explicitly abrogated, and the updated schedule takes effect upon publication across the Union.
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