2017-06-19

Instruction No. 64/DGSIF/DSB on Corporate Governance Principles in Credit Institutions

Issued by the Central Bank of the Republic of Guinea, Instruction No. 64/DGSIF/DSB mandates credit institutions to implement comprehensive corporate governance principles aligned with OHADA regulations and national banking laws. The directive establishes clear operational frameworks for the General Meeting, Board of Directors, and General Management, requiring strict adherence to risk management protocols, internal control systems, and ethical standards to protect shareholders and depositors. It further enforces director independence criteria, formalized remuneration policies, mandatory technical committees, and annual performance evaluations to ensure transparent, accountable, and sustainable institutional oversight.

Guinea

Banque Centrale de la Republique de Guinee

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