Regulatory Alerts2000-03-21
COBAC Instruction I-99/02 on the Concordance Between Quarterly Detailed Statements and the Credit Institutions Chart of Accounts
Issued by the Commission Bancaire de l’Afrique Centrale (COBAC), this instruction requires authorized credit institutions to prepare their detailed quarterly statements in strict accordance with the attached concordance table and the established chart of accounts. Until new periodic statements are implemented, these institutions must continue submitting quarterly detailed reports using the currently effective format and submission rules. The instruction takes effect upon its signature date of 19 April 1999 and applies to all credit institutions whose accounting is finalized according to the COBAC chart of accounts.
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