Regulatory Alerts2023-09-12
Circular No. 09/CREPMF/2022 on Information to be Provided to the Regional Council
The General Secretariat of the Regional Council for Public Savings and Financial Markets (CREPMF) has issued Circular No. 09/CREPMF/2022 to mandate authorized Collective Investment Schemes and their Management Companies in the UMOA region to submit detailed semi-annual and annual reports on traded markets, instruments, risk exposures, portfolio concentrations, liquidity profiles, and investor structures. The Circular further standardizes the reporting framework for complaint handling by specifying required timelines, acknowledgment procedures, and compensation details. Effective upon publication in Abidjan on January 3, 2022, these reporting obligations align with existing UMOA financial market regulations and Instruction No. 66/CREPMF/2021.