Regulatory Alerts2021-12-06
Annexes to Instruction No. 005-DOM/2021 of December 3, 2021
The Central Bank of Madagascar issued Instruction No. 005-DOM/2021 to standardize commercial banks' participation in monetary policy operations. The directive mandates the exclusive use of nine standardized submission forms for liquidity injection, absorption, fixed-rate tenders, marginal lending, deposit facilities, and secured or unsecured interbank transactions. Each form requires precise reporting of order numbers, transaction amounts in Ariary, proposed rates, collateral specifications, and authorized bank signatures to ensure uniform regulatory compliance and transparent central bank operations.
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