Regulatory Alerts2025-04-03
BCEAO Advisory No. 005-04-2025 on Lifting Temporary Accounting and Prudential Measures for Niger Government Bond Exposures
The Central Bank of West African States (BCEAO) lifts temporary accounting and prudential measures for credit institutions' exposures to Niger government bonds, effective April 15, 2025. Credit institutions must now apply the standard provisions of Instruction No. 026-11-2016 to all Niger sovereign bond exposures, replacing the temporary framework established by Advisory No. 002-01-2024. This regulatory update normalizes capital and accounting treatment for these exposures, aligning them with existing UMOA prudential standards.
BCEAO CENTRAL BANK OF WEST AFRICAN STATES The Governor TEMPORARY MEASURES REGARDING THE ACCOUNTING AND PRUDENTIAL TREATMENT OF EXPOSURES ON GOVERNMENT BONDS OF THE STATE OF NIGER
The Central Bank of West African States informs the credit institutions of the UMOA that, effective April 15, 2025, the temporary measures regarding the accounting and prudential treatment of exposures on government bonds of the State of Niger provided for by Advisory No. 002-01-2024 of January 22, 2024 are lifted. As of this date, all exposures of credit institutions on government bonds of the State of Niger are treated in accordance with the provisions of Instruction No. 026-11-2016 of November 15, 2016. Done in Dakar, on April 3, 2025 Jean-Claude Kassi BROU Abdoulaye FADIGA Avenue P.O. Box 3108 - Dakar - Senegal Tel. (221) 33 839 05 00 Z Fax. (221) 33 823 93 35 courrler.bceao@bceao.int - www.bceao.int I