2025-04-07
The Banking and Financial Supervision Commission (CSBF) of the Central Bank of Madagascar issues Circular No. 10 to establish the implementation modalities for regulatory capital and capital requirements applicable to credit institutions. This directive operationalizes prior legal frameworks, specifically citing Law No. 2020-011 alongside relevant decrees and supervisory instructions, to standardize compliance procedures. The circular formally outlines the procedural requirements and structural obligations that financial establishments must adhere to in order to maintain adequate regulatory capital buffers.