Regulatory Alerts2007-04-30
Instruction No. 141-04-07 on the Accreditation Procedure for Qualification Bodies and the Evaluation and Qualification Procedure for Electronic Certification Service Providers in UEMOA Payment Systems
The Central Bank of West African States (BCEAO) issued Instruction No. 141-04-07 to establish the accreditation procedure for qualification bodies and the evaluation and qualification process for Electronic Certification Service Providers (ECSPs) within UEMOA payment systems. The regulation mandates that ECSPs obtain prior BCEAO approval, undergo systematic conformity assessments by accredited evaluators, and maintain valid financial guarantees to ensure liability for qualified electronic certificates. It further defines strict operational obligations, including confidentiality, conflict-of-interest management, mutual recognition agreements with foreign bodies, and clear publication requirements for qualified certificates and their validity periods.