Regulatory Alerts2022-01-01
Instruction No. 02/CRCT/2021 on the Establishment, Composition and Operation of the CEMAC Public Treasuries Permanent Consultation Framework
The Bank of Central African States (BEAC) Governor issued Instruction No. 02/CRCT/2021 to establish, define the composition of, and regulate the operation of a permanent regional consultation framework for CEMAC Public Treasuries. The framework comprises three representatives per member state, a BEAC-ensured secretariat managed by the CRCT and national capital market directors, and an annually rotating presidency following alphabetical country order. It convenes quarterly to coordinate Treasury securities market development, annual cash flow planning, issuance strategies and calendars, with all operational costs fully funded by BEAC.
Share