Regulatory Alerts2023-09-12
CIRCULAR No. 004-2010 on Presentation Formats for Information Disseminated by Issuers and Investors on the UMOA Regional Financial Market
The Regional Council for Public Savings and Financial Markets (CREPMF) mandates specific presentation formats for periodic, significant, and threshold-crossing information disseminated by issuers and investors on the UMOA regional financial market. Issuers must strictly adhere to prescribed templates for quarterly, semi-annual, and annual reports, while significant events and insider transactions require immediate press releases and declarations within five working days. The regulation defines insiders and closely related persons, outlines exemption criteria for small transactions, and establishes transparency obligations to prevent market abuse and protect investor interests.
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