Regulatory Alerts2000-03-21
COBAC Regulation R-93/01 Maintains Sectoral Accounting Plan for Banks and Financial Institutions and National Reporting Requirements
The Central African Monetary Commission (COBAC) issued Regulation R-93/01 to maintain the sectoral accounting plan for banks and financial institutions alongside national reporting rules governing document lists, content, and transmission deadlines. Credit institutions defined under the October 16, 1990 Convention remain subject to these frameworks until COBAC adopts new sector-specific provisions. The regulation requires notification to relevant Finance and Credit Ministers, all accredited credit institutions across Central African States, and their professional associations, with the COBAC Secretary General charged with execution.
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