Regulatory Alerts2022-01-01
Regarding Operations Having a Particular Character
The Central Bank of Djibouti issues Instruction No. 2022-18/IMF to formally define the permissible primary and ancillary operations for microfinance institutions within the country. The regulation authorizes savings collection and credit granting as core activities, while permitting leasing, foreign exchange, and fund transfers only upon explicit Central Bank approval and compliance with specific operational conditions. Furthermore, it mandates that all microfinance institutions submit detailed periodic reports to the Central Bank covering every transaction they execute.
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