Regulatory Alerts2023-08-24
CIRCULAR NO. 02-2010 ON THE CONTENT OF INFORMATION STATEMENTS FOR FINANCIAL OPERATIONS ON THE UMOA FINANCIAL MARKET
The Regional Council for Public Savings and Financial Markets (CREPMF) issued Circular No. 02-2010 to standardize the content of Information Statements for financial operations on the UMOA financial market. The circular mandates that public offerings and private placements include specific general, operational, accounting, and risk-related data as outlined in Instructions No. 36/2009 and No. 30/2001, respectively. It further prescribes detailed structural requirements for cover pages, disclaimers, corporate governance disclosures, financial statements, and legal attestations to ensure transparency for investors.
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