2025-11-19
The Bank of the States of Central Africa (BEAC) has launched the MyStandard portal to facilitate the migration of the International Financial Community to the ISO 20022 standard within its SYGMA real-time gross settlement system. Participants must join the closed "CEMAC-BANK" community, adapt their information systems to the new proprietary message formats, and ensure compliance with the 29 published MX messages across administrative, payment, and cash management categories. All payment system participants are required to complete this integration within one month of the circular's effective date, with access granted only after administrative validation of their institutional domain.