Regulatory Alerts2015-02-03
Regulation No. 0010/2015 on Interbank Operations by Credit Institutions
The Governor of the Central Bank of the Comoros issued Regulation No. 0010/2015 to define and regulate interbank operations conducted by credit institutions under Law 13-003/AU. The regulation mandates that credit institutions declare these operations monthly by the 20th of the following month using a standardized format, while interest rates are freely negotiated with reference to the Central Bank's discount rate. It explicitly excludes deposits with the Central Bank, central bank refinancing, and certain intra-group financing facilities from the definition of interbank operations.
Share