Regulatory Alerts2025-06-04
Instruction No. 59 on Nationally Systemic Financial Institutions
The Central Bank of the Congo issued Instruction No. 59 to establish identification criteria and supplementary prudential measures for nationally systemic financial institutions, including banks, savings banks, microfinance companies, and credit cooperatives. The regulation mandates a 1% additional capital buffer on net risk-weighted assets, phased in over two years, alongside potential supplementary measures such as enhanced liquidity and leverage ratios. Compliance is enforced through an annual review of weighted scoring thresholds, expert discretion for inclusion, and strict adherence to the stipulated prudential standards.
Share