Regulatory Alerts2023-09-12
Circulaire No. 07/CREPMF/2022 on Advertising Communication Requirements
The General Secretariat of the Regional Council for Public Savings and Financial Markets (CREPMF) mandates that approved Collective Investment Schemes (OPC) and their Management Companies (SGO) in the West African Monetary Union permanently comply with specific advertising communication standards. These requirements enforce clear, accurate, and non-misleading disclosures that balance risks with advantages, regulate the use of past performance data and stylized graphs, and ensure proper attribution of third-party social media content. The regulations take effect upon publication and apply to all promotional materials, press references, and intermediary sales communications.
Share