Rule · BFM · 16 Apr 2025
The decree appoints four individuals—Hery-Zo Tsirafesy, Jean-Luc Rajaona, Hasindraibe Christiane Andriamampianandra, and Rivonavalona Andriamanalina—to the Resolution College of the Banking and Financial Supervision Commission for a five-year renewable term based on their honorability and expertise in banking, finance, law, economics, audit, and accounting. This appointment fulfills the requirement under Article 66 of the Banking Law of September 1, 2020, which mandates a nine-member college. The decree enters into force immediately upon radio, television, or public posting, bypassing the official journal publication requirement due to urgency.
MINISTRY OF THE ECONOMY AND FINANCES
DECREE No. 2025-419 appointing the members of the resolution college of the Banking and Financial Supervision Commission
THE PRESIDENT OF THE REPUBLIC,
Having regard to the Constitution,
Having regard to Law No. 2020-011 of September 1, 2020 on banking law,
Having regard to Decree No. 2024-1612 of August 22, 2024, appointing the members of the Government,
Having regard to Decree No. 2024-1456 of July 12, 2024 appointing the Prime Minister, Head of Government,
Having regard to Decree No. 2019-093 of February 13, 2019, modified and supplemented by Decrees No. 2021-699 of July 7, 2021, No. 2023-085 of February 1, 2023 and No. 2024-050 of January 20, 2024 fixing the duties of the Minister of the Economy and Finance as well as the general organization of his Ministry,
On the proposal of the Minister of the Economy and Finance,
In the Council of Ministers,
DECREES
Article 1: In application of Article 66 of Law No. 2020-011 of September 1, 2020 on banking law, the resolution college is composed of nine (9) members, including four (4) members appointed due to their honorability and their skills in banking, finance, law, economics, audit and accounting, for a term of 5 years renewable once.
The following are designated as members of the resolution college of the Banking and Financial Supervision Commission, for a term of five (5) years, due to their honorability and their skills in banking, finance, law, economics, audit and accounting:
Article 2: All provisions contrary to those of this decree are and remain repealed.
Article 3: Due to urgency and in accordance with the provisions of Article 6 of Ordinance No. 62-041 of September 19, 1962 relating to the general provisions of internal law and private international law, this decree enters into force immediately upon its publication by radio broadcast and/or television or posting, regardless of its insertion in the Official Journal of the Republic.
Article 4: The Minister of the Economy and Finance, the Minister of Communication and Culture and the Governor of Banky Foiben'i Madagasikara are charged, each insofar as it concerns him, with the implementation of this Decree which will be published in the Official Journal of the Republic.
Done in Antananarivo, on April 16, 2025.
By the President of the Republic,
Andry RAJOELINA
The Prime Minister, Head of Government,
Christian NTSAY
The Minister of the Economy and Finance,
Rindra Hasimbelo RABARINIRINARISON
The Minister of Communication and Culture,
Volamiranty Donna MARA
For certified copy,
Antananarivo, on MAY 08, 2025
THE GENERAL SECRETARY OF THE GOVERNMENT
RAKOTOARISOA Miadantsata Indriamanga
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“In application of Article 66 of Law No. 2020-011 of September 1, 2020 on banking law”
“Having regard to Decree No. 2019-093 of February 13, 2019, modified and supplemented by Decrees No. 2021-699 of July 7, 2021, No. 2023-085 of February 1, 2023 and No. 2024-050 of January 20, 2024 fixing the duties of the Minister of the Ec…”
“in accordance with the provisions of Article 6 of Ordinance No. 62-041 of September 19, 1962 relating to the general provisions of internal law and private international law”
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Source: Banky Foiben'i Madagasikara — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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