Regulatory Alerts2000-06-28
Decision CM No. 00.0 Establishing a Registration Commission for Private Placement Bond Issues on the UMOA Regional Financial Market
The President of the West African Monetary Union's Council of Ministers issued Decision CM No. 00.0 to establish a registration commission for private placement bond issues on the UMOA regional financial market. This decision authorizes the Regional Council to levy a tiered registration fee based on mobilized capital, ranging from 1‰ for issuances up to one billion FCFA to 3‰ for those between one and ten billion FCFA. The fee structure applies proportionally across all issuance brackets, with the decision taking immediate effect upon signature on June 28, 2000.
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